Visa & Mastercard Swipe Fee Increases Potential Timetable
Details Written by: RJ PYMNTS is reporting Visa & Mastercard will being increasing processing fees in October and April. It appears that many of the increases will be aimed at online purchases. The consulting company CMSPI is predicting merchants could pay ~$502 million/year with this increase. A Mastercard spokesman replied with this: “We were clear…
