Visa and Mastercard have announced a revised $38 billion settlement with U.S. merchants who accused the credit card giants of inflating fees for processing transactions, in an effort to gain approval from a federal judge who previously rejected a smaller deal. The proposed agreement seeks to end two decades of antitrust litigation, where merchants alleged […]
Mastercard
Mastercard launches global plan to recycle credit cards
Pilot scheme to begin with British lender HSBC Mastercard offers to partner with every bank in the world Total cards in circulation more than 25 bln – analysts LONDON, June 21 (Reuters) – Payments company Mastercard (MA.N) on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the […]