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0:24
YouTube
ABC7 News Bay Area
Visa, Mastercard agree to $30B settlement that will lower merchant fees
It could soon be cheaper to pay with a credit card. Visa and Mastercard, as well as the banks that issue cards with them, have agreed to a $30 billion settlement that will lower swipe fees merchants pay when customers make purchases using their credit cards. Typically, swipe fees cost merchants 2% of the total transaction a customer makes but ...
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Mar 28, 2024
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