Visa and Mastercard's Historic Agreement with US Retailers: Insights and Impacts
Friday, 29 March 2024, 02:21
Visa and Mastercard's Historic Agreement
Visa Inc and Mastercard Inc have reached a significant agreement with US retailers to cap credit-card swipe fees.
US Merchants to Save Billions
A deal that could save retailers $30 billion over five years, significantly reducing their operational costs.
This historic agreement symbolizes a strategic shift in the payment industry dynamics, prioritizing transparency and mutual benefits.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.