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Will Credit Card Settlement Result in Cash Discounts?

Receiving Wide Coverage ...

Assessing the Visa/MasterCard Settlement: Everyone digested news of the Visa/MasterCard settlement over the weekend, weighing who won and lost in the $7.2 billion pact. That $1.2 billion of the deal is attributed to a 10-basis point cut in fees that will expire after eight months shows how much the card companies managed to protect. …

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