Tag Archives: Visa

Lawmakers Ask Visa, Mastercard to Scrap Fee Hikes

U.S. lawmakers from both major parties, including Sen. Dick Durbin, D-Ill., have asked Visa and Mastercard to drop plans to increase some fees, The Wall Street Journal reported Friday (April 15). The Journal previously reported that the two payment networks planned to hike the fees, called “interchange fees,” they charge …

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