Major retailers battling credit card companies over fees
Major retailers battling credit card companies over fees
(NewsNation) — Retail giants including Target and Walmart are locked in a battle with credit card companies Visa and Mastercard, which they say have a duopoly over the credit card market, allowing them to impose transaction fees at will.
Congress introduced a bill this summer that would allow retailers to process card transactions through networks other than Visa and Mastercard, according to…