As part of the settlement between the card networks (Visa and MasterCard) and merchants, the card networks are allowing merchants in the U.S. to impose a "surcharge" for...
Credit Card Surcharging Overview & Updates
read more
In an ever-changing landscape, keep ahead of the curve with insights and industry news from Optimized Payments.
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.