Paul PenroseFinextra - London
27 June 2008 | 4876 views | 5 | Recommends 1
Visa has announced plans to cut the fees charged to petrol stations in the US, amid growing unrest at the effect that high interchange charges are having on merchant profits.
Announcing the move, Visa corporate PR came over all philanthropic, issuing a gushing press release bearing the headline:
'Visa to help ease the pain at the pump'.