
Visa, Mastercard Deal May Change How You Use Rewards Cards
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.
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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.

Visa and Mastercard are repositioning as 'hyperscalers' of finance, leveraging AI and value-added services for growth as traditional card spending slows.

Circle has launched the public testnet for Arc, its new Layer 1 blockchain network, with support from over 100 firms including BlackRock and Visa, aiming to create predictable stablecoin transactions.

Payments giant Visa suggests stablecoins could help traditional finance tap into the $40 trillion global credit market by moving operations onto the blockchain.

Stablecoins need consumer protections like fraud prevention and chargebacks to compete with Visa and Mastercard for everyday retail use, says an industry expert.

Financial technology firm Fold is partnering with Visa and Stripe to launch a credit card that offers rewards exclusively in Bitcoin on all purchases.