Card Briefs: Visa Says Fine Restaurants Fancy Its Brand

Visa has released the results of a survey indicating that a number of upscale restaurants prefer its brand.

The survey, conducted by Leflein Associates Inc., found that among 500 white-tablecloth restaurants that accept credit cards, 49% preferred Visa, while 22% preferred American Express.

Of those that preferred Visa, 44% said it was because of favorable rates and 27% said it was because it is the card that customers are most likely to carry.

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