$MasterCard (MA.US)$ Gelonghui, September 6 | There are repo...
$MasterCard (MA.US)$ Gelonghui, September 6 | There are reports that Mastercard and Visa intend to increase the processing fees they charge merchants. In response, Mastercard said on Tuesday that it has no plans to increase the interchange fee rate it levies on U.S. merchants, nor does it intend to increase the network fees it levies on U.S. merchants. Visa also said that recent reports about the company are misleading, stressing that its interchange fee ratio has not changed in the past 10 years.
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