Visa and Mastercard Strike a Fee Deal. The Winners and Losers.
1. Visa and Mastercard agree to lower interchange fees for merchants. 2. Merchants might reject certain credit cards under the new agreement. 3. The fee reduction could impact cardholder rewards programs significantly. 4. Analysts view the agreement as manageable for Visa and Mastercard. 5. Retailers could adjust surcharges rather than reject cards.