Visa’s new program vexes merchants

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Since card giant Visa instituted a new program for assessing credit card interchange fees in October, some merchants have been blind-sided by higher expenses. While the card network, bank issuers and processors have been preparing for Visa’s new Commercial Enhanced Data Program all year, consultants say many merchants were unprepared for the change. As a result, th ...