Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

Mastercard's payments network remains a growth engine, with Q2 revenues up 13% and a strong U.S. market share, second only to Visa. Total cards issued grew 6% year-over-year, and the global adoption ...