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… and Discover follows suit

… and Discover follows suit

In another recent development Discover Financial Services, through its US Pulse debit network, has started a civil action against Visa Inc. alleging anti-competitive practices in its debit card business. To minimise the impact of new debit rules introduced as part of the Durbin Amendment in 2012, Visa implemented FANF, or Fixed Acquirer Network Fee. This [...]

The post … and Discover follows suit appeared first on Payments Cards & Mobile.

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