The Federal Trade Commission ordered Mastercard Inc. to start providing its competitors with customer account information they need to process debit payments, a move that could cut costs for merchants. The enforcement action, approved in a 4-0 vote, is the culmination of a years-long investigation focused on Mastercard and Visa Inc.’s policies prohibiting merchants from […]
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- Source: https://bankautomationnews.com/allposts/payments/mastercard-ordered-by-ftc-to-help-rivals-route-transactions/
