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The Independent UK
The Independent UK
National
Ken Sweet

Why a Visa-Mastercard legal settlement could lead to your rewards credit card getting declined

Visa Mastercard Settlement - (Copyright 2019 The Associated Press. All rights reserved)

Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards.

The most important part of the settlement could directly impact how customers use their Visa- and Mastercard-issued credit cards, and may result in some consumers getting denied at the point-of-sale for purchases

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