Retailers Processing Network Blog

More on the Visa-MasterCard settlement and how it affects you…

Retailers Processing Network - Friday, February 15, 2013

I wrote recently about the proposed settlement to the anti-trust class-action lawsuit against Visa and MasterCard that has received the courts’ tentative approval (“Credit card surcharges: the good, the bad and the ugly…”). The proposed settlement has received a lot of media attention due to the size – over $6 billion – and the fact it allows merchants to surcharge consumers right away for using a particular credit card.  .....read-more


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