Emily Chang’s Tech Briefing cover logo

How major credit card swipe fee settlement could affect consumers and merchants

6m · Emily Chang’s Tech Briefing · 26 Mar 21:06

In what's being dubbed as the most significant antitrust settlements ever, Visa and Mastercard agreed to cap credit card swipe fees. The deal, which is subject to court approval, would save U.S. merchants at least $30 billion dollars over five years.

For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg's Paige Smith in today's Tech and Business Report.

The episode How major credit card swipe fee settlement could affect consumers and merchants from the podcast Emily Chang’s Tech Briefing has a duration of 6:00. It was first published 26 Mar 21:06. The cover art and the content belong to their respective owners.

More episodes from Emily Chang’s Tech Briefing

Electric car companies have trouble selling EV's, leading to price cuts

A slowdown in electric vehicles is leading to automakers cutting their prices. And while the downturn is affecting all the companies in the industry, it's a particular threat to some of the startups.

For more, KCBS Radio's Holly Quan spoke with Bloomberg reporter Esha Dey.

Toyota bets big on electric vehicles despite a lull in sales

Time now for our daily Tech and Business Report. Today, KCBS Radio's Matt Bigler spoke with Bloomberg's Chester Dawson.

Toyota is planning to spend $1.4-bllion dollars to ramp up its electric vehicle production in the U-S. Chester, the company will be building a new SUV.

Tech expert predict what Apple plans to release for its next big event

Time now for our daily Tech and Business Report. Today, KCBS Radio's Nikki Medoro was joined by Bloomberg tech reporter Mark Gurman.

Apple has set the date for its next big event. 'Let Loose' will take place at 7am Pacific two weeks from today. So what is the company expected to introduce?

Tech workers are raving about a new social messaging app

Invitations for a hot new app are making the rounds in Silicon Valley. It's called Airchat and it's being described as a mash-up of voice notes and Twitter.

To tell us about Airchat, and why is it so popular, KCBS Radio's Pat Thurston spoke with Bloomberg's Priya Anand.

Apple rolls out an artificial intelligence chip in their Mac computers

Apple is giving its Mac computers an AI boost. The company plans to start using a new chip designed to highlight artificial intelligence.

For more KCBS Radio's Holly Quan spoke with Bloomberg tech reporter Mark Gurman.

Every Podcast » Emily Chang’s Tech Briefing » How major credit card swipe fee settlement could affect consumers and merchants