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How major credit card swipe fee settlement could affect consumers and merchants
In what's being dubbed as the most significant antitrust settlements ever, Visa and Mastercard agreed to cap credit card swipe fees. The deal, which is subject to court approval, would save U.S. merchants at least $30 billion dollars over five years.
For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg's Paige Smith in today's Tech and Business Report.
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In what's being dubbed as the most significant antitrust settlements ever, Visa and Mastercard agreed to cap credit card swipe fees. The deal, which is subject to court approval, would save U.S. merchants at least $30 billion dollars over five years.
For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg's Paige Smith in today's Tech and Business Report.
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