February 23, 2026 | Edward Ip Disclosure: POSadvice.com may earn a referral fee if you purchase through links on this page. This does not affect our independent reviews or rankings.\n\n⚖️ Industry • July 2024Visa/Mastercard Settlement: Processing Fees May DropLandmark $30B settlement promises modest fee reductions and new merchant rights$30BSettlement Value0.04%Fee Reduction5 yrRate Cap Period💰 Impact by Business SizeMonthly VolumeAnnual SavingsWorth Switching?$10,000~$48❌ Not worth the hassle$50,000~$240🟡 Maybe$100,000~$480🟡 Review rates$500,000~$2,400✅ Definitely review🔑 Key Takeaway: Small savings for small businesses. But the bigger win: merchants can now negotiate collectively and surcharge by card brand.📚 Related Articles→ Small Business Relief: Square Waives Fees, Launches Emergenc → Square Raises Processing Fees: What Merchants Need to Know → Credit Card Surcharging: Can You Pass Processing Fees to Cus → The Best Free POS Systems in 2024 (Actually Free, No Catch)POSadvice.com — Independent ReviewsFind Your Perfect POS SystemAnswer 3 quick questions. Get free, no-obligation quotes from top providers matched to your business.Get Free Quotes →Takes 2 minutes · No spam · No commitmentRelated Reading: For a complete comparison, see our guide to the Best POS System for Small Retail Stores 2026.\n\n