Mastercard plans to increase credit, debit card fees despite US antitrust settlement, Merchants Payments Coalition says
( April 3, 2024, 14:53 GMT | Official Statement) -- MLex Summary: Mastercard intends to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said. The move comes almost immediately after the company announced its US antitrust settlement in which it agreed to reduce so-called swipe fees charged to merchants to process credit card transactions, MPC said.Statement and document follow below:...
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