Provisions of the deal include a reduced interchange fee for eight months, and retailers can now charge a “checkout fee” when a consumer uses debit or credit to make a purchase.
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
Consumer ‘Protection’ Only Seems to End Up Hurting Them
Credit card settlement will not aid consumers
What Others Are Saying
Visa, MasterCard Settle Merchants’ Swipe-Fee Lawsuit