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Major payment networks just locked in a revised deal with retailers over transaction fees, according to fresh court documents. The two card giants and merchant groups hammered out updated terms in their ongoing fee dispute—a case that's dragged on for years and impacts how businesses handle payment processing costs.
This settlement tweak could reshape the economics behind every swipe at checkout. For those watching traditional finance vs. decentralized payment rails, it's a reminder why alternative settlement layers keep gaining traction. Legacy systems still wrestling with fee structures that crypto protocols solved years ago.
The filing signals both sides found middle ground, though specifics remain under wraps. Worth tracking if you care about payment infrastructure evolution.