Justice Dept. action could reward cash purchases over credit

10/12/2010 | USA Today

A lawsuit brought by seven states and the U.S. Department of Justice against anti-competitive practices by Visa, MasterCard and American Express could mean major changes in the way retailers structure their prices and accept payment. Visa and MasterCard have agreed to a settlement with the government, but AmEx has not. As a result, consumers could find that retailers start to offer discounts on purchases made with cash, by debit card or by credit cards with lower interchange fees.

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