Visa and Mastercard Delay Swipe Fee Increase for Another Year

Card networks step back under pressure from trade groups and lawmakers By Jackson Lewis on Mar. 16, 2021 CHICAGO — Visa and Mastercard are delaying plans to increase swipe fees until April 2022, according to the two companies. “Recognizing U.S. businesses are still facing many challenges posed by the COVID-19 pandemic, Visa has decided to significantly modify its planned April 2021 business…