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Breaking News articles for March 2007

MasterCard changes rates, stations benefit from rate caps

Friday, March 30, 2007

Gas Pumps In its first large-scale realigning of interchange rates, MasterCard Worldwide's independent board of directors is wielding power to redress concerns of some of the most vocal merchants. MasterCard will change many rates for its U.S. Consumer Credit cards. Most striking is a switch to two card types: Core Value and Enhanced Value (rewards) cards. New rates will take effect April 13.

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