Visa said on March 26, 2024 that it had agreed to settle longstanding litigation with U.S. merchants, and that the settlement is subject to court approval.

8-KRegulation FD DisclosureFiled Mar 26, 2024Period of report Mar 26, 2024Summary published (UTC) Oct 28, 2026

Key points

AI summary

Visa said on March 26, 2024 that it had agreed to settle longstanding litigation with U.S. merchants, and that the settlement is subject to court approval.
Visa said the settlement will lower credit interchange rates for U.S. merchants and cap those reduced rates for 5 years, through 2030.
The company said the settlement will give merchants more ways to steer customers to preferred payment methods at the point of sale and more options on surcharging, and that it will also fund new programs for small businesses.
Visa said the settlement resolves claims against Visa, Mastercard and other defendants brought by the injunctive relief class in the In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, and that it is subject to court approval.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Visa Settles Litigation with U.S. Merchants

Visa said on March 26, 2024 that it had agreed to settle longstanding litigation with U.S. merchants, and that the settlement is subject to court approval.

Source · Based on the filing body and exhibits

Lower Credit Interchange Rates and 5-Year Cap

Visa said the settlement will lower credit interchange rates for U.S. merchants and cap those reduced rates for 5 years, through 2030.

Source · Based on the filing body and exhibits

Expanded Merchant Payment Choices

The company said the settlement will give merchants more ways to steer customers to preferred payment methods at the point of sale and more options on surcharging, and that it will also fund new programs for small businesses.

Source · Based on the filing body and exhibits

Settlement Scope and Court Approval Process

Visa said the settlement resolves claims against Visa, Mastercard and other defendants brought by the injunctive relief class in the In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, and that it is subject to court approval.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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