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Tag: debit card

U.S. Justice Dept says tweaks to debit-card rule good for competition, consumers

The U.S. Justice Department on Wednesday threw its weight behind a proposed rule change that would require banks and other debit card issuers to provide multiple network options to merchants to route online purchases.

U.S. Justice Department probing Visa over debit-card practices: source

(Reuters) – The U.S. Department of Justice is investigating whether Visa Inc engages in anticompetitive practices in the debit-card market, a source familiar with the matter said on Friday.

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