credit card giants

Credit card companies and major US Banks agree to a $7.25 bn settlement over card fees

Credit card companies Visa and Mastercard and major US banks have agreed to a $7.25 billion settlement to retailers over card fees

Credit card companies Visa and Mastercard and major US banks have agreed to a $7.25 billion settlement to retailers over card fees. The case, which has been going on for seven years, is over firms colluding to fix the fees that stores pay to process credit and debt card payments. The settlement is thought to [...]

Photo Gallery

Liked this post? You'll love our newsletter.

Enter your email to receive our weekly list of top news.

NEWSFEED

Recommended

ADVERTISEMENT

Asia News

ADVERTISEMENT