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Old 09-23-2011, 08:05 AM  
Bladewire
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
Good find

An increase of almost 300% and this:

"The fee increase could be an attempt by San Francisco-based Visa and MasterCard to recoup fees for banks, to affect consumer use of mobile payment services or to influence a pending lawsuit, McCrohan wrote. The caps may reduce revenue at U.S. banks by $8 billion, data compiled by Bloomberg Government show."

Banks have been flexing their power against the administration for a couple years now. Pretty pathetic.
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