Visa credit and debit cards in a black leather wallet are pictured on May 22, 2021. The U.S. Justice Department is reportedly poised to file suit accusing Visa Inc. of illegally monopolizing the U ...

Visa, one of the world's largest payment networks, processes more than 60% of debit transactions in the U.S., bringing it $7 billion each year in fees collected when transactions are routed over ...

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.