December 7, 2024

Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees

 Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees

Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees

Senate Judiciary Committee members say the ‘duopoly’ has left retailers with no ability to negotiate high interchange fees.