Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several ...

Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.

Could the next swipe at the checkout counter feel very different? Visa and Mastercard are edging toward a settlement with U.S. merchants that could rewrite some of the most entrenched rules in the ...

This is read by an automated voice. Please report any issues or inconsistencies here. A proposed Visa-Mastercard settlement would allow merchants to reject high-reward credit cards, potentially ...

A bipartisan group of lawmakers led by Rep. Lance Gooden, R-Texas, is pushing legislation that would significantly reform the credit card industry with the purpose of fostering greater competition, ...

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, ...

A decadeslong lawsuit between Visa Inc., Mastercard Inc. and a large cohort of merchants could finally be nearing its conclusion — with potential implications for shoppers if stores choose to limit ...

Kelly-Ann Franklin has spent more than two decades in journalism which has helped her build a wide knowledge base of business and personal finance topics. Her goal with editing is to ensure tough ...

Visa and Mastercard are two of the largest credit card networks, powering over 85% of credit card transactions nationwide. Chances are, you already carry one in your wallet. But what sets them apart?

Visa and Mastercard are two of the world’s largest payment networks for credit, debit and prepaid cards. While each network offers a set of benefits to consumers, they are not usually a consideration ...

Dori Zinn loves helping people learn and understand money. She's been covering personal finance for a decade and her writing has appeared in Wirecutter, Credit Karma, Huffington Post and more. Some ...