Mastercard, Visa and the end of credit cards

Mastercard, Visa and the end of credit cards

Acclaimed by merchants increasingly reluctant to take on the transaction fees imposed on them, Visa and Mastercard hope to save the day by presenting themselves as the best bulwark against bank fraud these days, while paving the way for the outright demise of a credit card. Visa and Mastercard will pay Canadian merchants $131 million …

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