Visa (V) and MasterCard (MA) are close to settling an antitrust case with the Justice Department over credit-card acceptance rules, The Wall Street Journal reported.
The settlement could allow merchants to steer customers towards cheaper forms of payment, a setback for a credit card industry that is already gearing up for new regulation, The Wall Street Journal said without naming its sources….
Continue reading Visa, MasterCard Close to Antitrust Settlement
Visa, MasterCard Close to Antitrust Settlement originally appeared on DailyFinance on Mon, 04 Oct 2010 07:22:00.
Filed Under: Company News, Technology, Credit, Retail, MasterCard, Visa