Visa and Mastercard near settlement with merchants, would lower fees, WSJ reports
- - Visa and Mastercard near settlement with merchants, would lower fees, WSJ reports
ReutersNovember 9, 2025 at 9:54 AM
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A payment terminal is displayed next to a logo of Mastercard at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim Shemetov
(Reuters) -U.S. payment firms Visa and Mastercard are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported on Saturday, citing people familiar with matter.
Reuters could not immediately verify the report.
(Reporting by Abu Sultan in Bengaluru; Editing by Leslie Adler)
Source: “AOL Money”
