Big Bucks Back: Visa and Mastercard’s Record $5.6 Billion Settlement

Claim Your Share: Eligible Cardholders Could Receive Up to $8,500

Big Win for Consumers: Visa and Mastercard to Pay $5.6 Billion

According to TheSuns, this is a big deal because Visa and Mastercard were accused of doing something unfair. They set prices for using their cards that were not fair. Now, they have to pay back some of that money. This is a good thing for consumers, who are the people who use their cards to make purchases.

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Big Bucks Back: Visa and Mastercard’s Record $5.6 Billion Settlement (PHOTO: GOOGLE)

Get Paid Back: Visa and Mastercard’s $5.6 Billion Settlement

Visa and Mastercard two of the world’s largest payment processors, have been ordered to pay $5.6 billion to settle a long-standing lawsuit. The companies have been accused of charging unfair fees to merchants, which ultimately led to higher prices for consumers. This significant settlement is a win for consumers who use their credit or debit cards to make purchases, and could potentially result in refunds for affected cardholders.

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