Mastercard and Visa Reach $38 Billion Swipe Fee Settlement
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Mastercard and Visa Reach $38 Billion Swipe Fee Settlement
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Visa and Mastercard To Lower Fees—What It Means For You
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Visa and Mastercard To Lower Fees—What It Means For You
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NewsweekJordan King
Visa and Mastercard have announced a $38 billion settlement with retailers who accuse the card networks of charging too much to accept their credit cards. Under the settlement, the card companies would lower their swipe fees by about one tenth of a percent over five years. | Today Show
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