CardsFTW #73: Interchange Inflation
Plus, a Totem Update and Cardless Payments
The Wall Street Journal reported last week that Visa and Mastercard are preparing to raise the interchange fees that merchants pay when they accept credit cards. The fee increases are expected to take place in October and April and focus on online purchases.
While I am a fan of credit cards (hence, Cards For The Win), I am not a fan …
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