Visa settles antitrust lawsuit with U.S. merchants, lowering credit interchange rates and capping them until 2030.

Visa has reached a settlement with U.S. merchants, mainly small businesses, after nearly 20 years of litigation. The agreement lowers credit interchange rates, caps them until 2030, and offers updates to network rules, providing merchants more choices in accepting digital payments. The settlement resolves claims in the antitrust lawsuit "In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation."

March 26, 2024
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