March 27, 2024

Visa & Mastercard settlement may save businesses $30B

Visa & Mastercard settlement may save businesses $30B
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Over two decades of lawsuits with merchants have finally backed Visa & Mastercard into a settlement agreement. Now from these antitrust proceedings, both credit card companies must lower credit card fees for businesses, but how much will businesses save and what are the details behind the case? Plus: Canva acquires Affinity and Trader Joe’s raises banana prices for the first time since 2001.


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