Payments News -

Retail credit card fee settlement gets OK

 A U.S. judge on Friday granted preliminary approval to a proposed $7.2 billion settlement between merchants and Visa Inc and Mastercard Inc over credit card fees, despite objections from hundreds of retailers, including Wal-Mart Stores Inc. If the deal receives final approval from U.S. District Court Judge John Gleeson of Brooklyn, New York, it would [...]

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