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Visa, Mastercard-targeted merchant card-fee suit funding arrangements need resolving, UK judge says

By Simon Zekaria ( November 10, 2023, 17:11 GMT | Insight) -- Merchants seeking to sue Mastercard and Visa through mass claims over inflated card fees need to get their funding arrangements resolved in order for the claims to be assessed again for trial, a UK judge said today. The planned class actions have been brought on behalf of merchants accepting payments using UK corporate cards and credit and debit cards from overseas visitors. Merchants seeking to sue Mastercard and Visa through mass claims over inflated card fees need to get their funding arrangements resolved in order for the claims to be assessed again for trial, a UK judge said today....

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