AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Can a New CEO Fix Boeing?
Motley Fool Money
Impact of Settlement on Card Networks and Merchants
2min Snip
00:00
Summary
Transcript
Episode notes
This chapter covers the recent settlement in a long-standing antitrust lawsuit against MasterCard and other card networks by US merchants, resulting in minor penalties for the card networks. Changes include a slight reduction in swipe fees, a freeze on rate fees for five years, and the empowerment of merchants to impose surcharges based on card type, which may influence consumer card preferences.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode