Visa, Mastercard Reach $6.2 Billion Settlement on Swipe Fees

The credit card companies will pay between $5.54 billion and $6.24 billion.

By Jenny Surane | September 18, 2018 at 09:52 AM

Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case.

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5 CU Times 2024 Luminaries Awards Finalists: Community Impact - Individuals

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Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
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November 14, 2024 - New York

Women Leaders in Consulting Awards honors the industry standouts and rising stars who are making a mark within the profession.
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Velera: Republican Donations Drop in August

By Jim DuPlessis | September 17, 2024

Nation's largest payments CUSO finds members spent more than 71% on Democrats and less than 22% on Republicans.

Velera: Republican Donations Drop in August

FedNow: Strategies for Widespread Adoption One Year In

By Heman Daswani | September 04, 2024

The Fed can employ four key strategies to achieve increased adoption across U.S. financial institutions.

FedNow: Strategies for Widespread Adoption One Year In

Affinity Plus FCU Now Live on FedNow & RTP Instant Payments Rails

By Natasha Chilingerian | August 22, 2024

The Minnesota CU notes the importance of small business owners' and gig workers' ability to receive payments instantly.

Affinity Plus FCU Now Live on FedNow & RTP Instant Payments Rails

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