Visa, MasterCard Decline as Analyst Says Stocks Are Probably `Dead Money’ – Bloomberg


Visa and MasterCard have plunged more than 20 percent this year as U.S. lawmakers approved caps on interchange, or “swipe” fees, charged to merchants on each debit-card transaction. San Francisco-based Visa and Purchase, New York- based MasterCard also are defendants in a federal antitrust lawsuit that may lead to lower interchange for credit-card transactions.

READ ARTICLE via Visa, MasterCard Decline as Analyst Says Stocks Are Probably `Dead Money’ – Bloomberg.

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