Visa and Mastercard have announced all credit card interchange fee changes will be pushed back from April to mid-July, citing the COVID-19 pandemic.

The Durbin tipping point: new network fees could impose more than a half-billion dollars’ worth of additional charges on merchants.

Visa and Mastercard have settled a long-running antitrust case brought by merchants over unfair swipe fees.

To have a long-term effect on credit card interchange fees across the board, regulation - rather than a merchant-wide ban on certain card types - will be necessary.

Visa (NYSE:V) today modified and clarified existing debit network routing rules to help merchants and acquirers better understand implementation options.