MA Aug 2024 370.000 put
- Zacks
GPN or MA: Which Is the Better Value Stock Right Now?
GPN vs. MA: Which Stock Is the Better Value Option?
- Associated Press Finance
Judge puts $30 billion Visa, Mastercard settlement on hold, in signal of likely rejection
A federal judge said she's not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they've overpaid on swipe fees. Visa and Mastercard reached a settlement with a group of small businesses and merchants back in March. The deal would lower and cap the fees charged by Visa and Mastercard and allow small businesses to collectively bargain for rates with the payment processors in a similar way that the large merchants do on their own now.
- CNN Business
Federal judge rejects $30 billion settlement between Visa, Mastercard and retailers
A federal judge overseeing a $30 billion preliminary swipe-fees settlement between Mastercard, Visa and retailers formally rejected the deal Tuesday. The ruling likely means the credit card processors will have to make more concessions to resolve their long-standing dispute with merchants.
