Visa Inc. (V) and Mastercard to Pay $167.5m to Settle Lawsuit Over ATM Fees

Visa Inc. (NYSE:V) is among the 7 Best Digital Payments Stocks to Invest In Now

Visa Inc. (V) and Mastercard To Pay $167.5m To Settle Lawsuit Over ATM Fees

On December 19, 2025, Reuters reported that Visa Inc. (NYSE:V) and Mastercard had settled a class-action lawsuit alleging they conspired to maintain artificially high ATM access fees by paying a total of $167.5 million. The proposed settlement requires judicial approval and was submitted to the federal district court in Washington. Both companies would each contribute roughly $88.8 million and $78.7 million to a settlement fund for qualified consumers who have been charged unreimbursed fees at independently operated non-bank ATMs since October 2007. The 2011 lawsuit challenged industry regulations that allegedly prevented lower ATM fees. Mastercard and Visa Inc. (NYSE:V) denied any misconduct. Lawyers may demand up to 30% of the funds as payment for their services. ATM operators have yet to file a separate case.

Separately, on December 12, theFly reported that Visa Inc. (NYSE:V) and Orange Money Group, a division of Orange, formed a strategic alliance to speed up online payments and provide access to financial services in the Middle East and Africa. The partnership’s goal is to offer consumers safe, easy, and globally accepted payment options. After previous implementations, the rollout will spread to other markets, such as Guinea, Burkina Faso, and the Democratic Republic of the Congo. The firms stated that the project builds on existing deployments and promotes broader acceptance of digital payments through its infrastructure.

Visa Inc. (NYSE:V) shares are up by 11.08% YTD as of December 22, 2025.

Visa Inc. (NYSE:V) is one of the world’s largest payment processors.

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