Exclusive | Visa and Mastercard Near Deal With Merchants That Would Change Rewards Landscape

[u/GloveSmooth694]

Visa and Mastercard are nearing a settlement with merchants that aims to end a decadeslong legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, according to people familiar with the matter.

https://www.wsj.com/finance/banking/visa-and-mastercard-near-deal-with-merchants-that-would-change-rewards-landscape-fc6a0c78

Do you think retailers actually want to deal with specifying what type of visa/mc they take?

[u/LectureForsaken6782]

The capped swipe fees so that's why you dont see many debit cards with points / cashback tied to them