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The Conversation

Laurence Ashworth, Professor, Marketing, Queen's University, Ontario

How Canada's new credit card surcharge will affect consumers and businesses

Canada Mastercard Visa

Visa and Mastercard both recently agreed to remove their no-surcharge rule, leaving businesses free to pass these fees along to customers. (Shutterstock)

Canada has some of the highest interchange fees in the world. Interchange fees are the fees businesses pay each time their customers pay by credit card.

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