A federal judge approved a $38 billion Visa and Mastercard swipe fee settlement, capping interchange rates and letting merchants refuse high-fee cards.

A federal judge in Brooklyn granted preliminary approval to Visa and Mastercard's revised $38 billion settlement with US merchants over interchange fees.

A federal judge approved a $38 billion Visa and Mastercard swipe fee settlement, capping interchange rates and letting merchants refuse high-fee cards.

Processo coletivo movido por mais de 12 milhões de lojistas contesta taxas impostas pelas empresas

The ruling comes nearly two years after a different judge rejected a previous $30 billion proposal

Visa Mastercard swipe fee settlement explained: A landmark settlement providing preliminary approval to Visa and Mastercard pays $38 billion, aimed at reducing swipe fees for…