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Monday, November 10, 2025

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NewsDesk Milli Chronicle November 10, 2025November 10, 2025 $38 billion settlement, business empowerment, credit card fees, digital payments, fair payment system, fee cap, financial inclusion, fintech development, global commerce, global financial system, innovation in payments, Joseph Stiglitz, Mastercard, merchant relief, payment flexibility, retail savings, secure payments, small business support, sustainable finance, swipe fee reduction, transaction efficiency, transparency, U.S. merchants, visa

Visa and Mastercard Announce Landmark $38 Billion Settlement to Support Merchants

New five-year agreement aims to lower swipe fees, boost flexibility, and enhance fairness for businesses worldwide. In a groundbreaking move