Are Visa and Mastercard in Trouble?
Yazan: admin | 28 May 2010 | No Comments
Categories: stocks
Under the New Reform Amendment, a move that was spearheaded by Senator Dick Durbin, the Federal Reserve can already cap “swipe fees” imposed by retail debit cards to “reasonable and proportional.” This amendment would only be applicable to large banks and will not include credit card transactions, as it is for debit card transactions only. Because of [...]
