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16min chapter
840. News: Visa and Mastercard agree the largest antitrust settlement in US history
Fintech Insider Podcast by 11:FS
Antitrust Settlement Impact on Card Fees
The chapter delves into the largest antitrust settlement in US history between Visa and MasterCard, aimed at reducing credit and debit card fees for merchants. It discusses reductions in swipe rates, capping rates, and removing anti-steering provisions to address inflated swipe fees and restrictions on cheaper alternatives. The impact of the settlement on interchange fees, major card issuers, and the evolving card payment landscape is also explored.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode