01:33 PM EDT, 03/17/2026 (MT Newswires) -- (Updates with Visa's comment in the third paragraph.)

Visa (V) and Mastercard ( MA ) can appeal a court judgment by the UK Competition Appeal Tribunal that ruled their default multilateral interchange fees charged to retailers breach European competition law, Reuters reported Tuesday, citing a ruling by the UK Court of Appeal.

The report said the companies welcomed the decision, while law firm Scott+Scott, which represents the claimants, said it was "confident that we will resist the application successfully at the substantive appeal."

"We continue to believe that interchange is a critical component to maintaining a secure digital payments ecosystem that benefits all parties, including consumers, merchants and banks," a Visa spokesperson said in an emailed statement to MT Newswires.

Mastercard ( MA ) did not immediately reply to a request for comment.

Visa shares were little changed, and Mastercard ( MA ) rose 0.5% in Tuesday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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