Mastercard and Visa will increase fees for transactions
The measure is taken, according to the report, to be able to make improvements in terms of security and thus prevent fraud and theft of money
Beginning in April, US merchants must pay a higher percentage of transaction fees for MasterCard and Visa.
These rates correspond to the use of credit or debit cards at points of sale for purchases made in stores.
On the other hand, the fee for processing the payment will also be increased, according to the report.
It is common for this type of companies to constantly update their rates, claiming that this is due in most cases to improvements in security measures.
It is then sought to have a larger budget to implement initiatives that help avoid fraud and theft of money.
K. Tovar
Source: Coincrispy
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