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 customer makes a transaction, they often get passed onto consumers through higher costs for goods and services. These fees are commonly referred to as swipe fees or interchange fees, which the National Retail Federation (NRF) argued added inflationary pressure to the US economy, driving up prices for household ...

Core Viewpoint - Visa and Mastercard have reached a proposed settlement in a long-standing legal battle with merchants, which aims to reduce interchange fees and provide more flexibility in payment acceptance, pending court approval [2][3][5]. Summary by Sections Settlement Details - The settlement, announced on November 10, still requires approval from the Eastern District Court of New York and would conclude a case that began in 2005 regarding alleged collusion to violate U.S. monopoly laws through interchange fees [2]. - Visa and Mastercard will reduce interchange fees, typically set at 2% to 2.5%, by 0.1 percentage points for five years under this agreement [3]. Merchant Benefits - Merchants will have the option to choose whether to accept U.S. cards in specific categories, including commercial cards and premium consumer cards, with standard consumer rates capped at 1.25% [4]. - The settlement includes a "merchant education program" aimed at helping merchants manage payment acceptance and costs [5]. Reactions and Concerns - Mastercard emphasized that smaller merchants would benefit from more acceptance choices, reduced costs, and simplified rules, enhancing the overall payments experience [6]. - However, the Merchants Payments Coalition criticized the fee reduction as "minuscule" and expressed concerns that Visa and Mastercard could raise fees again after the temporary cuts expire, highlighting that merchants have limited choices regarding rewards cards, which constitute 85% of all issued cards [7].

And it's time for the big three. We've got three stocks, three charts, and three trades. Rick Ducat, our lead market technician, of course, will take us through the charts.Here to take us through the trades is Mike Shore, director of trading education at Prosper Trading Academy. Great to have you both with us as always. Mike, love to start with your thoughts on this market action we're seeing on this Monday morning.A nice sharp reversal from what we saw last week. >> Yeah, I I think the market has has taken ...

Core Viewpoint - Visa and Mastercard have proposed a settlement to reduce the interchange fees that merchants pay, which could alleviate some inflationary pressures on consumer prices [1][2][3] Summary by Sections Settlement Details - The proposed settlement aims to lower swipe fees by approximately 0.1% on most U.S. credit card purchases for five years, ending two decades of litigation [3][13] - This reduction translates to a savings of 0.1% per transaction for merchants, potentially benefiting both retailers and consumers across millions of purchases [3] Industry Impact - The National Retail Federation (NRF) claims that swipe fees are a significant operating expense for retailers, contributing to an increase in consumer prices by over $1,200 annually for the average family [6] - The NRF argues that the proposed reduction is insufficient, as it only slightly rolls back the average swipe fee of 2.35% charged to merchants in 2024 [7] Merchant Sentiment - The National Association of Convenience Stores (NACS) has expressed that the settlement should be rejected, stating it may not benefit merchants and could grant credit card companies legal immunity to raise fees [8] - Visa and Mastercard assert that the settlement will provide merchants with more flexibility in payment acceptance and reduce costs [11][10] Legal Context - The settlement is pending approval from a federal judge in the Eastern District of New York and aims to resolve ongoing litigation regarding interchange fees and merchant rules [13][14] - The changes to the fee system and card-acceptance rules are not expected to take effect until the court approves the settlement, anticipated in late 2026 or early 2027 [15]

Today (November 10, 2025), credit card company Visa (NYSE:V) has issued a statement a potential legal settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The settlement includes rival Mastercard.Visa states that the proposed settlement with US merchants of all sizes would provide meaningful relief, more flexibility and options to control how they accept payments from their customers.The terms of the settlement include:• Credit surcharging. Merchants will have more opti ...

By Jonathan Stempel NEW YORK (Reuters) -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 as inadequate. Monday's settlement would end 20 years of litigation where businesses accused Visa, Mastercard and ‌banks of conspiring to violate U.S. antitrust laws, including through the card networks' collection of "swipe fees" to process transactions. The accord, ...

Visa and Mastercard agreed to cut some of the fees they charge merchants and relax two of their most controversial rules in an effort to bring a 20-year legal battle with retailers to a close https://t.co/e2HWJz4ExB ...

A proposed settlement in a long-running merchant lawsuit would give stores more freedom to block rewards cards, but it remains to be seen if they'd risk angering customers. ...

Visa and Mastercard have reached a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, according to a Monday court filing. ...

此次10个基点的降幅，较去年协议中7个基点的优惠有所提升。该人士还表示，这一潜在协议还将允许 商户对Visa和万事达的产品收取附加费。 交换费每年总额超过1000亿美元，是高端信用卡向消费者提供奖励的关键资金来源。部分零售商一直争 取更大自主权，希望不接受这类交换费更高的高端信用卡，同时仍允许消费者使用更基础的Visa和万事 达信用卡。 这场围绕信用卡刷卡费的法律争端至少可追溯至2005年——彼时Visa和万事达尚未从母公司银行分拆出 来成为上市公司。 该人士表示，根据协议条款，这两家信用卡公司将做出调整，在数年内将交换费平均降低10个基点。协 议还将放宽相关规定——此前商户若接受某一卡组织的任何信用卡，就必须接受该组织旗下所有Visa或 万事达信用卡。 这一协议将是这场长期争端的最新转折。过去十年间，两家信用卡公司曾多次提出和解方案，但均未能 终结纠纷。去年，一名联邦法官驳回了一项拟议协议，该协议本可为商户在五年内节省约300亿美元费 用，法官认为这些金融机构可以做出更多让步。 数十年来，零售商一直致力于降低接受信用卡支付的成本占比，这类成本也被称为交换费。交换费的很 大一部分会转嫁给发卡银行，包括摩根大通 ...