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Visa plans new US fee structure to fend off post-Durbin competition

Visa plans new US fee structure to fend off post-Durbin competition

Visa has outlined plans to change its fee structure for US merchants, introducing a network participation charge and cutting its variable processing costs. During a conference call with analysts after the firm posted a 40% rise in third quarter profits, Visa CEO Joseph Saunders set out the new network participation fee for all debit, credit [...]

The post Visa plans new US fee structure to fend off post-Durbin competition appeared first on Payments Cards & Mobile.

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