Sunday, July 15, 2012

$6 Billion Visa Settlement Frees Consumers To Pay More - Forbes

Last night’s $6 billion Visa settlement turns all this on its head. For years, merchants have been the men in the singles bar, paying most of the costs of operating a ubiquitous electronic network that brought them enormous benefits (imagine what retail sales figures would look like if everybody paid by cash or check). - $6 Billion Visa Settlement Frees Consumers To Pay More

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