Chargebacks are always an issue for merchants. While there are numerous programs and indicators to identify fraudulent ones, detecting and managing first-party fraud—that committed by legitimate ...

The series of antitrust class action lawsuits first brought by U.S. merchants against Visa and Mastercard in 2006 continued its winding path toward closure as the parties announced in March 2024 that ...

Visa (V) and Mastercard (MA), the two biggest U.S. card payment networks, reached a proposed settlement that resolves a lawsuit against the two companies and other defendants filed by merchants in ...

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, ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — Visa and Mastercard ...

Visa and MasterCard announced a settlement with U.S. merchants related to swipe fees, a development that could potentially save consumers tens of billions of dollars. Swipe fees are paid to Visa, ...

Visa V-0.70%decrease; red down pointing triangle and Mastercard MA-0.63%decrease; red down pointing triangle are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by ...