Mentioned Companies:

Merchant Fee Litigation Settlement in the US

A settlement pertaining to injunctive relief has been proposed regarding class-action litigation in federal court in Brooklyn, New York, that began in 2005 concerning interchange fees that merchants in the US paid to accept Visa and Mastercard credit cards. The lawsuit is entitled “In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation.” The defendants are the card networks and top US credit card issuers. Merchants and merchant trade associations are the plaintiffs. Defendants did not admit any wrongdoing in the settlement, which must be approved by the US Distri...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


March 2024
Headlines in this Issue
Charts in this Issue

Top US Merchant Acquirers—2023

Top 20 US Merchant Acquirers—2023, Ranked by Purchase Volume

Top 20 US Merchant Acquirers—2023, Ranked by Purchase Transactions

Top 61 Merchant Acquirers in the US—2023, Ranked by Visa and Mastercard Purchase Volume

The 7 Largest US Acquirers—2023, Ranked by Total Purchase Volume

Card-Not-Present (CNP) Acquiring in the US

Consumer Direct ACH Transactions

Publicly Traded Companies in Payments, March 26, 2024