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Visa and Mastercard agree to lower ‘swipe fees’ for merchants, settling 20-year class action lawsuit

Posted

March 27, 2024

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To settle a class action lawsuit, the companies have agreed to lower the rates they charge merchants and not raise them for at least five years.

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Visa and Mastercard agree to lower ‘swipe fees’ for merchants, settling 20-year class action lawsuit · ABC News · Sentinel