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$7.3 billion settlement Industry News

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Latest News from $7.3 billion settlement

$7.3 Billion Settlement – Short-Term Win for Merchants

Visa and MasterCard have reached a settlement with merchant groups alleging antitrust violations in the setting of interchange fees for credit cards. The proposed $7.3 billion settlement provides one-time financial relief to merchants and allows them to apply a surcharge for credit card transactions. This article analyzes merchant impact from this settlement.

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