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 MasterCard Comments on GAO Credit and Debit Card Report 
 
 
 
MasterCard Comments on GAO Credit and Debit Card Report
 
Date : Thu, 15 May 2008 19:51:00 GMT
Source : Payments News - from Glenbrook Partners
Link : http://feeds.feedburner.com/~r/PaymentsNews/~
3/291159642/mastercard-co-1.html

In a press release, MasterCard Worldwide said that "it is pleased that the Government Accountability Office (GAO) report examining interchange fees recognized the benefits the federal government receives from both payment card usage and acceptance. MasterCard urges Members of Congress to review the report before taking action to regulate interchange fees, which would have a negative impact on consumers, small financial institutions, and ultimately merchants."
 
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