Russia’s Trade Assoc. Accuses Visa, Mastercard Of Market Power Abuse
PYMNTS
MARCH 1, 2019
Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. Russia’s trade association pointed out that those fees make up 70 percent of what most merchants pay for accepting credit cards. In the U.S. last month, they agreed to provide roughly $6.24
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