card interchange, credit card, credit card interchange, Daily News, interchange, Interchange Fee, interchange fees, Issuing & Acquiring, payment card interchange fees, Regulation -

US Supreme Court rejects $7.25 billion card interchange fees revival bid

The US Supreme Court has declined a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa and Mastercard over claims the card networks improperly fixed payment card interchange fees. The high court left in place a lower court decision that threw out the interchange fees settlement on the basis that it [...]

The post US Supreme Court rejects $7.25 billion card interchange fees revival bid appeared first on Payments Cards & Mobile.