Government reduces credit card fees by 27 per cent for small business owners [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
main streets flourishing across the country, and deliver the dream of entrepreneurship. It is essential that our local businesses, including right here in Oakville thrive so they can continue being the bedrock of our community and our economy. Small businesses pay fees to process credit card transactions, with the largest component being the interchange fee paid to credit card-issuing financial institutions, such as banks. That is why the federal government has negotiated and finalized new agreements with Visa and Mastercard Today in Oakville, Ontario , the Hon. Anita Anand , Member of Parliament for Oakville and President of the Treasury Board and Minister of Transport, announced that new credit card fee reductions for small business owners will come into effect this Saturday, October 19, 2024 . For qualifying small businesses, Visa and Mastercard have agreed to: reduce domestic consumer credit interchange fees for in-store transactions to an annual weighted average interchange
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MA
Earnings
- 8/1/24 - Beat
MA
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- MA's page on the SEC website