More than 60% of debit transactions in the U.S. are conducted using Visa's network, with the company earning roughly $7 billion a year in processing fees, according to the complaint.

Visa aims to bridge gaps between in-person and digital payments with a range of new consumer card enhancements available to issuers in various global markets. Visa today announced new digital ...

Visa is a very big middleman: It processed $3.8 trillion in U.S. debit transactions in the year through June, generating over $7 billion in processing fees per year, the Justice Department said.