Visa and Mastercard Settlement Distribution: Merchants Receive Approximately $631.7 Million
V Visa Inc
$385.45 +2.76%
View chart & analysis → - 1Merchants have received approximately $631.7 million to date as part of a settlement following the $5.5 billion total settlement amount from Visa and Mastercard.
- 2The 689,340 merchants who have received distributions to date include a $212.8 million second partial distribution made to merchants last month.
- 3Walmart, Circle K, and DoorDash opposed the proposed settlement and urged Judge Brian Cote to reject it.
So what's the key point?
Visa and Mastercard have distributed approximately $631.7 million of the settlement funds to merchants so far. However, some stores like Walmart are opposing the terms of this settlement.
Source Payments Dive · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.