Visa and Mastercard Are Lowering Their Swipe Fees. Is Lower Revenue on the Way?

Credit card processing networks Visa (V 0.02%) and Mastercard (MA 0.76%) announced bombshell news last week that could significantly affect their businesses. They agreed to settle a lawsuit with merchants, almost 20 years in the making, to lower their swipe fees, the amount they charge merchants for processing credit and debit card transactions. Let's go through the details to see how it could affect investors.The details of the dealVisa and Mastercard agreed to lower all of their swipe fees (or interchange ...