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2. US judge rejects Visa, Mastercard $30 billion swipe fee ... - AOL

   www.aol.com/news/us-judge-rejects-visa...

   The case is In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, U.S. District Court, Eastern District of New York, No 05-md-01720. (Reporting by Jonathan Stempel in New ...

3. Payment card interchange fee and merchant discount antitrust ...

   en.wikipedia.org/wiki/Payment_Card_Interchange...

   In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...

4. Durbin amendment - Wikipedia

   en.wikipedia.org/wiki/Durbin_amendment

   This rule also allows issuers to raise their interchange fees by as much as one cent if they implement certain fraud-prevention measures. [11] An issuer eligible for this adjustment, could therefore receive an interchange fee of as much as 24 cents for the average debit card transaction (valued at $38), [ 11 ] according to the Federal Reserve.

5. Lower Mastercard and Visa Swipe Fees Are Coming - AOL

   www.aol.com/lower-mastercard-visa-swipe-fees...

   A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card...

6. What these small business owners want customers to know about ...

   www.aol.com/finance/small-business-owners-want...

   How merchant fees can affect small businesses Two or 3 percent might not sound like much. However, imagine losing 2 percent of your salary due to how you choose to receive it.

7. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   In the EU, interchange fees are capped to 0.3% of the transaction for credit cards and to 0.2% for debit cards, while there is no cap for corporate cards. [3] In the US, card issuers now make over $30 billion annually from interchange fees. Interchange fees collected by Visa [4] and MasterCard [5] totaled $26 billion in 2004. In 2005 the number ...