Visa, Mastercard Settlement Receives Preliminary Approval
Details Written by: RJ A judge has given preliminary approval to the revised $38B Visa/Mastercard settlement with merchants. U.S. District Judge Brian Cogan in Brooklyn, New York, said the settlement covering more than 12 million merchants was “fair, reasonable, and adequate,” and that he was likely to eventually grant final approval. Also known as interchange fees, swipe…




