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Visa and Mastercard settle swipe fee lawsuit — legal overhang finally lifting

Visa and Mastercard just got preliminary approval for a major legal settlement over the fees they charge merchants, clearing a cloud that's hung over both stocks.

Idea

Visa and Mastercard process the majority of the world's card payments, and legal uncertainty over swipe fees has been holding their stocks back. Getting preliminary settlement approval removes a major risk that worried investors. When overhanging legal risks disappear, stocks often jump as institutional buyers feel comfortable coming back in.

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MAV1D#legal_catalyst#fintech

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