Visa, Mastercard Settlement Only Temporary Fix Say Small Business Groups

Visa and Mastercard have settled a nearly 20-year dispute with merchants over credit card fees, agreeing to cap interchange rates through 2030. According to AP, the agreement allows small businesses to have similar bargaining power to large companies in regard to payment processing rates. The initial lawsuit claimed that merchants that accept Visa and Mastercard … Continue reading Visa, Mastercard Settlement Only Temporary Fix Say Small Business Groups