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A new settlement between Visa, Mastercard, and merchants could allow stores to reject high-reward credit cards or add surcharges, potentially changing your checkout experience.
A new legal settlement between Visa, Mastercard, and merchants could allow stores to decline high-fee rewards credit cards, changing how consumers pay.
Visa and Mastercard are nearing a landmark settlement to end a 20-year legal battle with merchants over credit card swipe fees and acceptance rules.
Mastercard reports a 15% rise in Q3 2025 net revenue, driven by a 22% surge in value-added services and strong global consumer spending.
Visa and Mastercard are repositioning as 'hyperscalers' of finance, leveraging AI and value-added services for growth as traditional card spending slows.
Payments giant Mastercard is reportedly set to acquire crypto infrastructure firm Zerohash in a deal valued at up to $2 billion, signaling a major push into stablecoins.
Coinbase and Mastercard are reportedly in advanced talks to acquire BVNK, a UK-based fintech firm specializing in stablecoin infrastructure, for $1.5 billion to $2.5 billion.
Stablecoins need consumer protections like fraud prevention and chargebacks to compete with Visa and Mastercard for everyday retail use, says an industry expert.
