[1/2] Credit card is seen in front of displayed Master Card logo in this illustration taken, July 15, 2021. The fee increases are scheduled to start in October and April, according to the report, which cited people familiar with the matter and documents viewed by the WSJ. Many of the fee increases are for online purchases, the WSJ said. Visa and Mastercard did not immediately respond to Reuters' requests for comment. Increases in fees merchants pay to card issuers are typically passed on to consumers, regulators have previously said.
Source: Wall Street Journal August 30, 2023 15:17 UTC