Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees
Retail TouchPoints
MARCH 28, 2024
merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. Additionally, the settlement provides funding for new programs to educate small businesses about payment acceptance options and how to best manage costs.
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