US District Judge Margot Brodie, who rejected the $30 billion settlement agreement between credit card organizations Visa, Mastercard, and retailers this week, said that these payment networks appear to be capable of bearing "substantial" expensive transactions. She believes that the agreement will allow retailers to charge consumers additional fees for transactions involving Visa or Mastercard and allow merchants to adopt pricing strategies to guide consumers to use lower-cost credit cards. However, "compared to the $100 billion exchange fee paid by merchants for Visa and Mastercard transactions in 2023, the $6 billion estimated annual savings for merchants is insignificant," she wrote in an opinion.
美国联邦法官：Visa和万事达卡有能力承担更高额的降费协议
US federal judge: Visa and Mastercard are capable of accepting higher fee reduction agreements.
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