A credit-card settlement that could save businesses billions was dealt a big blow. Here's what happens next and what businesses need to know.

Judge rejects $30 billion Visa, Mastercard swipe-fee settlement The credit card companies will have to either renegotiate the deal with merchants or go to trial.

The power of the class action lies in its ability to provide redress to individuals who would otherwise lack access to ...

Visa and Mastercard reached a landmark $30 billion settlement that will limit credit and debit card fees for merchants, with some savings likely to be passed on to consumers.

Swipe fees are paid to Visa, Mastercard and other credit card companies in exchange for enabling transactions. Merchants ultimately pass on those fees to consumers who use credit or debit cards.

The settlement agreement had stipulated a number of terms, including that Visa and Mastercard will roll back the posted swipe fee of every merchant by at least four basis points for at least three ...

Additionally, the settlement would require Visa and Mastercard to maintain the swipe fee rates that existed as of December 31, 2023 for five years.

Apple , Visa and Mastercard have persuaded a U.S. judge to dismiss a lawsuit accusing them of conspiring to suppress ...

Apple, Mastercard, and Visa have managed to get a lawsuit dismissed claiming that the three companies conspired to inflate credit and debit card transaction fees paid by merchants.

A U.K. judicial body says the card networks have breached competition laws, while Belgian regulators are examining Wordline for potential anti-money-laundering violations.

A turf war is breaking out in the vast world of digital payments — and the incumbents are suddenly on defense.