48 days ago • Posted by William Ramstein
Visa and Mastercard want to increase fees on online orders.
The networks are expected to raise fees for many online transactions, according to the people and the document. Mastercard will also increase interchange fees when most rewards credit cards are used to shop inside small supermarkets. Visa is revising how it calculates fees for restaurants. Those that receive credit-card orders online could be more prone to fee increases. Source: WSJ