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Merchants call on judge to reject Visa-Mastercard interchange fee settlement
·Source: Finextra
Updated:
Executive Summary
Nearly 1000 US merchants have called on a federal judge to reject the proposed settlement of a lawsuit over Visa and Mastercard credit card swipe fees, saying the deal fails to provide adequate relief and is "riddled with loopholes".
Analysis
Nearly 1000 US merchants have called on a federal judge to reject the proposed settlement of a lawsuit over Visa and Mastercard credit card swipe fees, saying the deal fails to provide adequate relief and is "riddled with loopholes".