Forget Swipe Fees, Credit Card Issuers Are Losing the Payments War - Bank Think Article - ...

While the debate rages about whether the interchange fee battle is over, the broader war is being lost. The fundamental challenge for issuers and networks is the retail market will only accept reasonable fees in the long run. That's how markets work. Thanks to competition, merchants are finding ways to bypass the ubiquitous card networks. If the

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