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Visa and Mastercard near settlement with merchants, would lower fees, WSJ reports

Last Updated: November 9, 2025 08:04:05 IST

(Reuters) -U.S. payment firms Visa and Mastercard are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported on Saturday, citing people familiar with matter. Reuters could not immediately verify the report. (Reporting by Abu Sultan in Bengaluru; Editing by Leslie Adler)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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