Credit Card Use Just Got More Expensive: Visa Inc (V), Mastercard Inc (MA), Wells Fargo & Company (WFC)
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 30, 2013 - 9:46pm
They’re baaaack! Swipe fees, those charges Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) impose on merchants for the privilege of allowing customers to use credit cards in their stores, are back with a vengeance and threatening to raise the cost of your purchases by as much as 4%. As part of the $7.3 billion antitrust [...]
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