Visa and Mastercard have agreed to pay $6.2 billion to settle a long-running lawsuit over swipe fees. The fees, which are charged to merchants every time a customer uses a credit or debit card, have been a source of contention for years. The settlement is expected to benefit millions of merchants who have accused the credit card companies of charging excessive fees.

Read more at: https://www.cnn.com/2024/03/26/economy/visa-mastercard-swipe-fee-settlement/index.html

Liam Harrington, journalist
Liam Harrington

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