Card novels 05-14-2003 Visa.


Card novels

05-14-2003

Visa, MasterCard adjustment Nets Retailers $3 Billion, Change to 'Honor All Cards'

ISSN: 08940797
Publication Date: 05-14-2003
Page: 1
Type: Periodical
Language: English

In a put in motion that took many insiders in the financial services industry according to surprise, MasterCard International and Visa U.S.A. have settl a seven-year-old antitrust case brought against them on retailers over their debit card practices. beneath terms of the separate liquidations the associations will pay a total of $3 billion in damages, chop their fees for debit transactions dramatically beginning this fall



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