Mastercard Commits to Lowering U.S. Interchange for Small Businesses and Broader Merchant Community
March 27, 2024
March 27, 2024
PURCHASE, New York, March 27 -- Mastercard issued the following news release:
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Class settlement ensures no increases for five years, maintains consumer protections and value; encourages strong, ongoing competition and innovation
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Mastercard (NYSE: MA) has reached an agreement to reduce its U.S. credit card interchange rates for at least a five-year period as part of a legal settlement with merchants.
The settlement, which . . .
* * *
Class settlement ensures no increases for five years, maintains consumer protections and value; encourages strong, ongoing competition and innovation
* * *
Mastercard (NYSE: MA) has reached an agreement to reduce its U.S. credit card interchange rates for at least a five-year period as part of a legal settlement with merchants.
The settlement, which . . .