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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Visa Inc | NYSE:V | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.05 | 0.75% | 276.16 | 283.00 | 275.33 | 282.57 | 4,066,420 | 18:02:26 |
--Visa Inc. plans to increase interchange fees for purchases made by U.K. customers from most of Europe, joining rival credit card company Mastercard Inc., Sky News reports.
--Interchange rates for online credit card transactions will undergo a fivefold increase to 1.5%, while for debit card payments fees will increase to 1.15% from 0.2% at present, according to Sky News.
--Visa is expected to give clients six months to implement the increased fees, which will largely impact transactions with EU-based companies in the sectors of retail, hospitality and travel, Sky News reports.
Full story: https://bit.ly/3tq6Gd0
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
March 16, 2021 12:22 ET (16:22 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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