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The Independent UK
The Independent UK
World
Graig Graziosi

Credit card companies near deal over charging stores - and it could have a big impact on how you shop

Visa and Mastercard are negotiating a settlement with merchants that will reduce fees - but could also see vendors refusing certain credit cards, according to a new report.

The terms of the deal would lower fees that stores have to pay on credit card transactions but also give them the power to reject certain ones, according to a Wall Street Journal report.

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