Thousands of Visa and MasterCard credit card holders may soon receive direct payments following allegations of inflated ATM ...

A federal judge said she was unlikely to approve a proposed settlement ... case are the fees that Visa and Mastercard set and that credit-card issuers pocket. Merchants pay those interchange ...

The Class Representatives claim damages from Mastercard and Visa on behalf of card-accepting merchants including charities. They allege that businesses overpay interchange fees when customers pay ...

A federal judge on Thursday declined to issue an injunction to stop an Illinois law that bans certain credit card fees from ...

The inverse is true as well: A significant cut in interchange revenue would reduce access to credit. Proponents of the Credit Card Competition Act claim it would cut fees by $16 billion ...

New rules for processing credit card ... of the settlement, Visa, MasterCard and the banks agreed to pay the retailers more than $7 billion and to reduce the fees, called swipe or interchange ...

This settlement represents a significant moment for consumer rights and privacy. If you believe you are a class member, submitting a claim ... fees and other costs might affect the final payment ...

To be able to accept card payments, businesses need to pay multi-lateral interchange ... This fee is then charged back to businesses through the merchant service charge. According to the claim ...

The response to the interchange-fee settlement has been a bit more muted: The Electronic Payments Coalition, which represents Visa, Mastercard, and other credit-card companies, said it was OK with ...