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Visa, Mastercard reach $6.2 billion settlement over card-swipe fees

Updated : September 18, 2018 05:46 PM IST

The deal had been the largest all-cash US antitrust settlement, although its value shrank to $5.7 billion after roughly 8,000 retailers opted out.
The card issuers named in the class-action lawsuit include JPMorgan Chase & Co, Citigroup and Bank of America.
Visa, Mastercard reach $6.2 billion settlement over card-swipe fees

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