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 ...

A Visa and MasterCard settlement with merchants announced earlier this week is the latest development in a two-decade-old battle over the fees that banks and credit card companies charge to process ...

As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...

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 ...

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 ...

Tiffany Wendeln Connors was a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate ...

Visa V0.56%increase; green up pointing triangle and Mastercard MA 0.19%increase; green up pointing triangle are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by ...

Visa Inc. and Mastercard Inc. are close to a new agreement that will attempt to settle a two-decade legal spat with merchants, according to a person with direct knowledge of the matter. The credit ...

A proposed settlement in a long-running merchant lawsuit would give stores more freedom to block rewards cards, but it remains to be seen if they'd risk angering customers Visa and Mastercard have ...