tldrdailynews.com logo

Visa and Mastercard Reach Settlement, Potentially Transforming Credit-Card Rewards

1 min read
Source: CNBC
Visa and Mastercard Reach Settlement, Potentially Transforming Credit-Card Rewards
Photo: CNBC
TL;DR

Visa and Mastercard have reached a revised settlement with merchants over swipe fees, which involves lowering fees slightly and providing more acceptance options, ending a 20-year legal dispute; the deal still faces approval and may face opposition from some merchants.

Topics:top-newsbusiness#business#mastercard#merchants#settlement#swipe-fees#visa
Share this article
  1. Visa, Mastercard reach revised swipe-fee settlement with merchants  CNBC
  2. Exclusive | Visa and Mastercard Near Deal With Merchants That Would Change Rewards Landscape - WSJ  The Wall Street Journal
  3. Visa, Mastercard Reach Settlement in 20-Year Merchant Legal Feud  Bloomberg.com
  4. Visa, Mastercard reach new settlement with merchants. Will it shake up credit-card rewards?  MarketWatch
  5. Visa and Mastercard Could Break the Rules That Made Them Billions  Yahoo Finance

Want the full story? Read the original reporting

Read on CNBC