"This is a victory for consumers and the merchants who rely on debit card payments to operate their businesses," Holly Vedova, director of the FTC's Bureau of Competition, said in a statement. In a statement, Mastercard said it had reached an agreement with the commission on the routing of certain debit card transations, adding that it believes its current practices are "lawful" and that it provides options to merchants. "We will continue the work to update our processes to comply with the consent order and provide even greater choice," the company said.