Visa Master Card to pay 336 million

Master Card credit cards. Visa and MasterCard agreed to pay a total of 336 million dollars to settle a class-action lawsuit alleging the credit card firms shortchanged US consumers in foreign currency transactions, a regulatory filing showed.(AFP/File/Mike Clarke)

NEW YORK (AFP) – Visa and MasterCard agreed to pay a total of 336 million dollars to settle a class-action lawsuit alleging the credit card firms shortchanged US consumers in foreign currency transactions, a regulatory filing showed.

Visa, MasterCard to pay 336 million dollars in currency suit – Yahoo! News

Look like they were adding surcharges to credit and debit transactions with out disclosure!

Well gald to hear the little guy one on this one.

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