Visa and Mastercard’s proposed settlement would reduce swipe fees. Here's what that would mean for your credit card rewards.

In the US, credit card rewards are both sport and status symbol. Diehards toggle between multiple cards and meticulously ...

Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards.

Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants over interchange fees.

Visa and Mastercard would lower swipe fees, also called interchange fees, by 0.1 percentage point for five years—they averaged 2.35 percent last year, according to Reuters. Standard consumer rates ...