The big winner in the settlement of the debit card antitrust case that was settled by Visa and MasterCard last week for a combined $3 billion should be Wal-Mart, according to a Reuters story.
While the specifics of the payout won’t be known until this summer, the bulk of the payout, less attorneys fees, should go to Wal-Mart Stores because it paid the largest percentage of debit card fees to the charge card companies.
While the specifics of the payout won’t be known until this summer, the bulk of the payout, less attorneys fees, should go to Wal-Mart Stores because it paid the largest percentage of debit card fees to the charge card companies.
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