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When it comes time to make a purchase, which credit card you use could soon determine how much you pay.

A new settlement announced this week would end a longstanding dispute between businesses and Visa and Mastercard over credit card "swipe" fee practices.

Swipe fees are charged to retailers, service providers and other merchants each time a customer uses their card . Banks and card companies typically levy about 2% or more for every transaction, according to the National Retail Federation.

Previously, merchants had to "honor all cards" on a network — for example, if they accept one Visa credit card, then they must accept all Visa cards regardless of swipe fee rates charged. Under the proposed settlement, the

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