Payments Dive reports, citing a court filing by claims administrator Epiq, that 689,340 merchants have received about USD 631.7 million from the USD 5.5 billion Visa–Mastercard damages settlement. That includes USD 212.8 million from a second partial distribution. The separate proposed settlement covering injunctive relief remains subject to a later court hearing and faces merchant opposition; these payouts do not mean the entire interchange-fee dispute is resolved.
OVERVIEW
Business and market identity
By modernizing payments, improving access to capital and providing innovative, digital services, Mastercard empowers SMEs to build, grow and protect their business.
- Company type
- Public company
- Payment role
- network and rails
- Source coverage
- 11 traceable endpoints
- Valuation basis
- NYSE · MA (live market cap not cached)
- US website
- Open site ↗
