credit cards rewards

Visa, MasterCard Close to Antitrust Settlement

Visa (V) and MasterCard (MA) are close to settling an antitrust case with the Justice Department over credit-card acceptance rules, The Wall Street Journal reported. The settlement could allow merchants to steer customers towards cheaper forms of payment, a setback for a credit card industry that is already gearing up for new regulation, The Wall Street Journal said without naming its sources.