share_log

Visa | 8-K: Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years

Visa | 8-K: Current report

Visa | 8-K:重大事件
SEC announcement ·  03/26 08:54
Moomoo AI 已提取核心信息
On March 26, 2024, Visa Inc. announced a landmark settlement agreement with U.S. merchants, concluding nearly two decades of litigation over interchange fees and merchant discount antitrust claims. The settlement introduces significant changes to Visa's rules for merchants accepting Visa-branded cards, including reduced credit interchange rates, capped rates until 2030, and updated network rules offering merchants more flexibility in digital payments and surcharging. The agreement also establishes a Merchant Education Program to assist businesses in understanding and leveraging the new rules. Mastercard and other defendants are involved in similar settlements, with court approval pending. The settlement does not include monetary compensation for merchants but aims to enhance competition and transparency in the payment card industry.
On March 26, 2024, Visa Inc. announced a landmark settlement agreement with U.S. merchants, concluding nearly two decades of litigation over interchange fees and merchant discount antitrust claims. The settlement introduces significant changes to Visa's rules for merchants accepting Visa-branded cards, including reduced credit interchange rates, capped rates until 2030, and updated network rules offering merchants more flexibility in digital payments and surcharging. The agreement also establishes a Merchant Education Program to assist businesses in understanding and leveraging the new rules. Mastercard and other defendants are involved in similar settlements, with court approval pending. The settlement does not include monetary compensation for merchants but aims to enhance competition and transparency in the payment card industry.
2024年3月26日,Visa Inc.宣布与美国商家达成一项具有里程碑意义的和解协议,结束了近二十年的交换费和商户折扣反垄断索赔诉讼。该和解协议对Visa关于接受Visa品牌卡的商户的规则进行了重大修改,包括降低信用交换率,2030年之前的上限费率,以及更新的网络规则,为商家提供更大的数字支付和附加费灵活性。该协议还建立了商户教育计划,以帮助企业理解和利用新规则。万事达卡和其他被告参与了类似的和解,尚待法院批准。该和解协议不包括对商家的金钱补偿,但旨在增强支付卡行业的竞争和透明度。
2024年3月26日,Visa Inc.宣布与美国商家达成一项具有里程碑意义的和解协议,结束了近二十年的交换费和商户折扣反垄断索赔诉讼。该和解协议对Visa关于接受Visa品牌卡的商户的规则进行了重大修改,包括降低信用交换率,2030年之前的上限费率,以及更新的网络规则,为商家提供更大的数字支付和附加费灵活性。该协议还建立了商户教育计划,以帮助企业理解和利用新规则。万事达卡和其他被告参与了类似的和解,尚待法院批准。该和解协议不包括对商家的金钱补偿,但旨在增强支付卡行业的竞争和透明度。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息