During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...

A $38 billion Visa and Mastercard settlement with merchants accusing the credit card networks of charging excessive processing fees has been approved by a U.S. district judge. While the decision does ...

Visa and Mastercard have reached a new settlement with merchants in the “swipe fee” lawsuit that has been working its way through the court system for 20 years. This third proposed settlement would ...

If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already come out against the deal, arguing the proposed changes are ...

A proposed settlement between credit card giants Visa and Mastercard and merchants could result in lower prices, but it could also mean fewer payment options for consumers. The settlement addresses ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

The measure is similar to an Illinois law passed last year. Under the bill, banks and card networks would be barred from charging credit card or debit card swipe fees on sales tax beginning Oct. 1.