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

Visa and Mastercard plan to reduce interchange fees from about 2% to near 0.1%, easing acceptance rules and introducing card categories, sources say.

  • The Wall Street Journal reported on Saturday that talks have Visa and Mastercard nearing a settlement to lower fees and give merchants more power to reject certain credit cards.
  • Under the proposed terms, Visa and Mastercard would lower interchange fees by an average of about 0.1 percentage point over several years.
  • Merchants would gain the ability to reject certain types of cards, including premium rewards cards that cost them more.
  • The potential deal aims to resolve a 20-year-old legal dispute over interchange fees and acceptance rules.
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26 Articles

The IndependentThe Independent
Reposted by
The Independent (US)The Independent (US)
Lean Left

New deal may soon allow stores to reject rewards credit cards

Merchants pay higher fees when consumers buy products with rewards credit cards

·London, United Kingdom
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Bias Distribution

  • 64% of the sources are Center
64% Center

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Wall Street Journal broke the news in New York, United States on Sunday, November 9, 2025.
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