U.S. Merchants Enter into Landmark Class Action Settlement with Visa and Mastercard to Eliminate Anti-Competitive Restraints and Reduce Swipe Fees

PRWeb
This post was originally published on this site

Settlement Includes Rate Roll Back and Five-Year Rate Cap that Will Deliver Close to $30 Billion in Near-Term Swipe Fee Savings Settlement Eliminates Anti-Steering Restrictions, Providing Merchants with Ability to Competitively Price at the Network and Card Level and Discount at the…