Retailers call out Visa and Mastercard for fee hikes that could make inflation worse
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Consumers could soon see even higher prices at some stores, after credit card giants Visa and Mastercard raised their \
When Credibility Matters
Protecting consumers means eliminating exorbitant, mandatory fees for debit cards by letting the 'Durbin amendment' pass without renewing it.
“When Visa and Mastercard raise interchange fees, banks want to issue more cards because they make more on each swipe,” Judiciary Chair Dick Durbin (D-Ill.) told the card executives.