Federal judge rejects $30B settlement between Visa, Mastercard and retailers

📆 6/25/2024 8:44 PM
📰 KSLcom

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A federal judge overseeing a $30 billion settlement between Mastercard, Visa and retailers 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.

<p>NEW YORK — A federal judge overseeing a $30 billion preliminary swipe-fees settlement between Mastercard, Visa and retailers formally rejected the deal Tuesday.

 District Court of the Eastern District of New York have not been made public.

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