China asks Visa, Mastercard to cut card fees, Bloomberg News reports

Go back to China asks Visa, Mastercard to cut card fees, Bloomberg News reports

China urges Visa and Mastercard to slash bank card transaction fees - report

June 21, 2024 9:23 AM EDT

China is urging Visa (NYSE: V) and Mastercard (NYSE: MA) to reduce their bank card transaction fees to encourage spending by foreign visitors, Bloomberg News reported on Friday, citing a source familiar with the matter.

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