to collect in a mass

01/05/2010

“ What we witnessed was truly a perverse form of competition,” said Ronald Congemi, the former chief executive of Star Systems, one of the regional PIN-based networks that has struggled to compete with Visa. “They competed on the basis of raising prices. What other industry do you know that gets away with that? „

The Card Game - How Visa, Using Fees Behind Its Debit Card, Dominates a Market - Series - NYTimes.com

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