Tag: US retailers

• Wednesday, September 19th 2018 - 08:41 UTC

  Card issuers have to pay US$ 6.2bn to settle class action lawsuit by US retailers

  

  Visa Inc, Mastercard Inc, and a number of U.S. banks on Tuesday agreed to pay US$ 6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments.