Posted by Gary Kim
on Jul 16th, 2012 in Syndicated Posts
| 0 comments
Visa, MasterCard and their issuing partners have reached a legal settlement with merchants regarding interchange fees (fees charged by issuing banks for use of a credit card), and the implications for mobile payments are not yet completely clear.
Nor are the legal challengesentirely over. The National Association of Convenience Stores, for example, seems intent on continuing the fight against the settlement, even...