Senators Take Aim at $40 Billion of Credit-Card Fees (Update2) – BusinessWeek


May 4 (Bloomberg) — Visa Inc. and MasterCard Inc. faced a renewed threat to one of the credit-card industry’s biggest revenue sources after Senator Patrick Leahy backed legislation to help merchants cut the cost of accepting payment cards.

via Senators Take Aim at $40 Billion of Credit-Card Fees (Update2) – BusinessWeek.

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