$6.2 Billion Fine Paid by Major Banks, Will Merchants Switch Over to Crypto?

2018-9-21 16:00

On Sept. 18, Visa, Mastercard and three major banks paid $6. 2 billion in an antitrust settlement for forcing merchants to pay swipe fees and preventing them from utilizing other methods of payment.

Experts believe increasing cases of malpractice in the traditional finance sector will lead merchants to cryptocurrencies. According to Reuters, the $6. 2 billion fine […]

The post $6. 2 Billion Fine Paid by Major Banks, Will Merchants Switch Over to Crypto? appeared first on CryptoSlate.

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