A U.S. judge granted preliminary approval to Visa's and Mastercard's revised $38 billion settlement with merchants over alleged excessive credit card processing fees. The approval is an important legal step, but the article does not indicate final settlement approval or immediate financial impact. The development may modestly affect card network sentiment and the broader payments sector.
A U.S. judge granted preliminary approval to Visa's and Mastercard's revised $38 billion settlement with merchants over alleged excessive credit card processing fees. The approval is an important legal step, but the article does not indicate final settlement approval or immediate financial impact. The development may modestly affect card network sentiment and the broader payments sector.
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