---
schema_version: "secwatch.filing_event.v1"
accession: "0001141391-24-000060"
form_type: "8-K"
ticker: "MA"
cik: "0001141391"
company_name: "Mastercard Inc"
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T07:36:49.757308+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mastercard settles merchant class action, agrees to cut U.S. credit interchange rates for five years

## Summary
- Settlement requires Mastercard to reduce published and effective interchange on U.S. credit transactions; five-year rate cap applies.
- Simplified merchant surcharging and discounting rules implemented; no interchange rate increases during five-year period.
- No admission of wrongdoing; agreement subject to final approval by Eastern District Court of New York.
- Resolves vast majority of pending U.S. merchant litigations against Mastercard regarding interchange and network rules.
- Changes expected to take effect in late 2024 or early 2025; follows prior damages class settlement.

## SEC filing metadata
- accession: 0001141391-24-000060
- form_type: 8-K
- ticker: MA
- cik: 0001141391
- company_name: Mastercard Inc
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141391/000114139124000060/0001141391-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141391/000114139124000060/ma-20240326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001141391-24-000060
- JSON: https://secwatch.observer/filing/0001141391-24-000060.json
- Plain text: https://secwatch.observer/filing/0001141391-24-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.