Quote:
Originally Posted by llwhiteoutll
Walmart hasn't stated what fees Visa is charging, but Visa says they are among the lowest offered; even then there was no mention at all about a fee increase. Also, Walmart is going to keep accepting Amex, which undoubtedly has higher transaction fees.
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Amex has a much more compelling reason for higher fees, their customers spend more. Visa is more expendable than M/C and they consistently raise fees. As a merchant I can honestly say that Visa is the devil that holds us hostage and I'm glad someone finally said enough