Thursday, 27 March 2014

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

March 27 (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.






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