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Mastercard, Visa face UK lawsuits from vitamin retailer iHerb

By Simon Zekaria ( November 17, 2022, 16:14 GMT | Insight) -- Mastercard and Visa are facing UK lawsuits from online vitamin retailer iHerb. The actions — the latest in a series of suits targeting the payment-card giants — was filed at the High Court in London. Mastercard and rival Visa have been subject to a slew of competition lawsuits in recent years over their multilateral interchange fees, which are charged between a retailer's bank and a card issuer's bank when a purchase is made by credit or debit card.Mastercard and Visa are facing UK lawsuits from online vitamin retailer iHerb, according to court listings....

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