Visa to Introduce Hybrid Pricing Scheme for Card Acceptance
On yesterday’s earnings call with analyst, CEO Joseph Saunders said that Visa would introduce a new “network participation fee” for all merchant acquirers in the US. While not yet fulling defined, various media outlets have what details are available and industry reaction:
- Visa Rolls Out New Fee Program – Reuters
- Visa Outlines New Fee Structure To Defend Its Debit Business – Digital Transactions
- Visa’s New Participation Fee: Analysts View – International Business Times
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