Lloyd Constantine
Lloyd Constantine
case justice known plastic recurring taxed visa
If the Justice Department's case fails, all payments -- not just plastic payments -- but recurring payments, utilities, everything, will be taxed by a cartel known by two names: Visa and MasterCard.
battle control payment
This is essentially a battle for the control of the American payment system.
additional attempted card classic credit forced honor policy product says tying visa ways whatever
The 'Honor All Cards' policy says if you're a retailer and you take my credit card, then you have to take my debit card. Then whatever new product I come out with, you're forced to take all of these additional cards. It's a classic tying arrangement. Visa and MasterCard have attempted to monopolize the debit card market, and one of the ways is through these tying arrangements.