Costco Wholesale (COST) Said Paying Near Zero to Accept Cards in Citigroup Deal - Bloomberg (V) (AXP)

April 17, 2015 3:14 PM EDT

Costco Wholesale (NASDAQ: COST) said to have paid AmEx (NYSE: AXP) about 0.6 percent of card transactions and is now set to benefit from Visa (NYSE: V), Citigroup (NYSE: C) incentive payments, according to Bloomberg.

Costco is said to be paying near zero to accept cards in the Citi deal.

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