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VisitImpact on debit card companies' market share by end of 2024?
Visa gains market share • 25%
Mastercard gains market share • 25%
Both lose market share • 25%
No significant change • 25%
Financial reports and market analysis from credible financial sources
US Supreme Court Rules on Debit Card 'Swipe Fees' Case, Revives Challenge to Federal Regulations Impacting $V and $MA
Jul 1, 2024, 02:04 PM
The US Supreme Court has ruled in a case involving debit card 'swipe fees,' reviving a challenge to a Federal Reserve regulation. This decision, stemming from a North Dakota convenience store's legal challenge, could make it easier for businesses to overturn longstanding federal rules. The ruling potentially opens the door for more lawsuits against federal regulations, dealing a significant blow to the authority of federal agencies. The court's decision allows some regulations to be challenged even a decade or more after they were enacted. Companies like $V and $MA are particularly impacted by this ruling.
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Other • 25%
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Visa market share decreases • 25%
Mastercard market share decreases • 25%
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Mastercard • 25%
American Express • 25%
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Visa • 25%
Increases by more than 2% • 33%
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Visa's market share increases • 25%
Visa's market share remains unchanged • 25%
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Visa's market share decreases by 5% or more • 25%
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Apple Card gains market share • 25%
Apple Card loses market share • 25%
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Visa • 25%
Mastercard • 25%
PayPal • 25%
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Most regulations upheld • 33%
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