On September 19, the U.S. District Court for the District of Massachusetts denied a motion to compel arbitration in a putative class action brought by small merchants challenging anti-steering rules ...

Retailers say the Office of the Comptroller of the Currency's move to preempt an Illinois law undermines states' powers to ...

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 ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...

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 ...

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 ...

Visa and Mastercard have reached a new settlement with merchants in the “swipe fee” lawsuit that has been working its way through the court system for 20 years. This third proposed settlement would ...

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...

NEW YORK, Nov 10 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab announced a revised $38 billion settlement with merchants who accused the card networks of charging too much ...

Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough. Visa and Mastercard say ...