Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.
Two of the world's largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants. The ...
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Deal Could Have Merchants Rejecting Your Credit Card
A proposed settlement would upend a long-standing credit card industry rule, giving merchants new power to reject high-fee rewards cards. For consumers, this could mean a real possibility of having ...
Premium credit cards grew in 2025, with higher fees, new perks and steady demand amid Visa and Mastercard settlement news.
A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Merchant groups attacked a settlement to end decades of ...
Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...
When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...
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