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Apple, Mastercard and Visa's antitrust lawsuit over payments has been dismissed

engadget.com Unknown 2025-08-03 05:51:02

Apple, Mastercard and Visa have successfully dodged a lawsuit that claimed the companies were colluding to maintain the current status quo in point-of-sale-payment card services, Reuters reports. The original 2023 lawsuit filed by beverage retailer Mirage Wine and Spirits alleged that Apple was essentially accepting bribes to not develop its open payment network or open up the iPhone's NFC-based "tap to pay" functionality to competitors. The judge on the case ultimately dismissed it over a lack

Topics: apple lawsuit mastercard pay visa
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Credit, Debit or Crypto? Mastercard Says It'll Add Stablecoin as a Payment Option

cnet.com See Full Bio 2025-08-29 17:00:00

Cheng Xin/Getty Images How does a carousel of currencies -- cash, credit, crypto, installment -- attached to a single payment credential sound to you? Well, that's what Mastercard is touting with its One Credential, noting a particular interest in attracting Gen Z. Mastercard announced it's partnering with payment processor Fiserv to bring its recently announced stablecoin, FIUSD, to the Mastercard network. That means Mastercard One Credential users will be able to choose to pay with FIUSD, ca

Topics: credential credit crypto mastercard payment
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