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Briefing

Visa and Mastercard to Raise Fees on Merchants

By
Mark Matousek
· · Source: The Wall Street Journal

Visa and Mastercard are set to raise the fees they charge merchants when customers use credit cards that route purchases through the companies’ networks, The Wall Street Journal reported on Wednesday. The report didn’t specify the size of the planned increases, but said they are scheduled to begin in October and April and will in many cases apply to online purchases. Visa and Mastercard earn a...

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