A new settlement reached between Visa and Mastercard and retailers aims to slowly lower interchange fees, which are bank fees paid by merchants to process credit cards. CBS News business contributor ...

The payments space has long been dominated by two titans, Visa Inc. V and Mastercard Incorporated MA. Together, they power much of the global digital transaction ecosystem, benefiting from the steady ...

Visa and Mastercard have announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, after a judge rejected an earlier $30 billion ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

Money. CalFresh benefits: When will you receive your SNAP payments after the government shutdown ends? Money. SSI recipients: You will receive your 2026 COLA increase before everyone else After years ...

Visa and Mastercard are the two most widely used payment networks in the world. If you’re not sure which to choose when you’re in the market for your next credit card, the most important thing to know ...

AI agents can now pay on behalf of users, with Visa and Mastercard rolling out systems that let AI assistants browse, choose, and make purchases using secure tokenized credentials. Mastercard calls ...

Artificial intelligence is not just infiltrating the startup world. Now credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which ...

Visa and MasterCard process around three quarters of card transactions in Europe and the U.S., but the ban on providing yuan-denominated cards has left them powerless in the world’s fastest-growing ...