A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card bills ...

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 ...

NEW YORK, Nov 10 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab announced a revised $38 billion settlement with merchants who accused the card networks of charging too much ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

National Retail Federation calls proposed temporary reduction in fees "a drop in the bucket." In a letter to U.S. District Judge Margo Brodie, NRF attorneys wrote that the proposal fails to end Visa ...

Visa and Mastercard say they have reached a settlement to resolve a long-running battle over swipe fees. These are the fees that restaurants and retailers pay the card companies every time a customer ...

Fees charged to merchants by banks for credit card transactions could cost consumers more than $20 billion this holiday season, as businesses are forced to increase their prices to cover the growing ...