Visa investigated in EE UU for its debit card practices

Visa and MasterCard
Photo: references

The issuer of credit cards Visa announced the fire that was the subject of an investigation by the Department of Justice of the United States on its practices in these countries in the debit cards.

“Although Visa has not received an official notice of civil investigation, we have received that relevant documents related to the investigation,” the group said in a note sent to the United States Department of Mercury by night.

Visa ensures that you cooperate with the authorities.

His actions lost more than 6% on Wall Street, the fire department said that information from the press had prompted an investigation by the Department of Justice.

According to the Wall Street Journal, the government’s dependence on Visa is not using anti-competitive practices in the debit card market, for example, to prevent retailers from tracking transactions at lesser cost cards.

“We believe that the practices of Visa debit cards in the United States are legal”, the company said in the document sent to the SEC.

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