Thursday, 27 March 2014

Wal-Mart sues Visa for $5 billion over card swipe fees

(Reuters) - Wal-Mart Stores Inc this week sued Visa Inc for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, several months after the retailer opted out of a class action settlement between merchants and Visa and MasterCard Inc.




Read more here >> Reuters Business