Visa, Mastercard reach swipe-fee settlement — Here's how it will affect your wallet

1. Visa and Mastercard propose settlement to lower merchant credit card fees. 2. Settlement could result in 0.1% fee reduction for merchants over five years. 3. NRF argues this reduction is inadequate and adds inflationary pressure. 4. Merchants may gain more acceptance choices under the proposed settlement. 5. Court approval is pending, expected by late 2026 or early 2027.