June 13, 2016Blog Posts

Walmart Canada will no longer accept Visa cards due to high fees

USA Today

Walmart Canada is breaking up with Visa over high transaction fees. The company’s Canada division will no longer accept Visa cards because the fees Visa charges to accept its branded cards are “unacceptably high,” Walmart Canada said in a statement over the weekend. Walmart said the fees conflict with its mission of saving customers money and subsequently keeping business costs low. The change will start taking place July 18 and rolled out in phases to its more than 400 stores across Canada.

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