Merchants Reach Landmark $7.25 Billion Settlement with Visa, MasterCard and Major U.S. Banks

Alleged Anticompetitive Practices & Price Fixing In Setting Interchange Fees


“As an ecommerce business who has to rely on credit cards, this historic settlement and the reforms it brings will provide both immediate and lasting benefits for small merchants,” states Mitch Goldstone, President & CEO of, a division of Photos Etc. Corporation.


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