Judge says Visa, Mastercard likely to have to pay more than $30 billion in skid fees

A financial expert talks about the “serious” consequences of retail credit cards. A federal judge said this on Friday Visa and Mastercard card issuers may resist a “substantially larger” deal with traders who argued they paid more in slippage fees than the proposed $30 billion settlement it rejected last week. U.S. District Judge Margo Brodie … Read more