Visa and Mastercard announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, after a judge rejected an earlier $30 billion accord ...

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 ...

Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.

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 ...

As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...

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 ...

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 ...