'Visa, Mastercard Prepare To Raise Credit-Card Fees; Fee Increases Are Scheduled To Start In October And April' - WSJ
Portfolio Pulse from Happy Mohamed
Visa and Mastercard are preparing to raise credit-card fees. The fee increases are scheduled to start in October and April, according to the Wall Street Journal.
August 30, 2023 | 1:04 pm
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POSITIVE IMPACT
Mastercard is planning to raise its credit-card fees, which could potentially increase its revenue.
Raising credit-card fees could lead to an increase in Mastercard's revenue, which could potentially boost its stock price in the short term. However, this could also lead to regulatory scrutiny.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Visa is planning to raise its credit-card fees, which could potentially increase its revenue.
Raising credit-card fees could lead to an increase in Visa's revenue, which could potentially boost its stock price in the short term. However, this could also lead to regulatory scrutiny.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100