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Mastercard denies report it plans to raise credit card fees on merchants, calls news coverage ‘misleading’

Por: New York Post Business September 05, 2023

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Mastercard on Tuesday denied a media report that this fall the payments processing giant is , which many merchants pay when they accept customers’ credit cards.  that fee increases were scheduled to start in October and April at Mastercard and rival Visa. “Mastercard is not raising interchange rates in the US this fall and has no plans to do so,” the company said. It added that it is also not raising network fees in the United States... + full article



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