Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants over interchange fees.

The proposed deal could impact which credit cards stores accept and whether shoppers face more surcharges at checkout.

Under the new agreement, Visa and Mastercard would reduce swipe fees by 0.1 percentage point for five years. Additionally, ...

WikiLeaks and Iceland-based data-hosting service DataCell ehf. said they will file a complaint on Thursday with the European Commission against Visa Inc. and MasterCard Inc. if the payment companies ...