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MasterCard : Visa illegally charged fees to banks

The company won the Mastercard lawsuit in the United States against its competitor of Visa International. MasterCard sued, accusing Visa in illegal money charges from customers who want to migrate from Visa cards to MasterCard debit cards. The agency Bloomberg, the New York State District Judge Barbara Jones ordered the company to rescind Visa fee, and provide services of the network of free competition. Moreover, now have more than 100 invalid contracts with major banks, working with Visa cards. According to the Court, the company charged Visa payments for the transfer of clients to other network banks, and those in turn to customers. According to Mastercard, Visa thus earned about 2 billion dollars, in addition, MasterCard loss of customers, as well as banks did not want to pay the company, did everything to retain customers with Visa cards. Source : SayberCekyuriti.Ru



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MasterCard : Visa illegally charged fees to banks

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