Quote:
Originally posted by ratbastid
Ah, but it's WalMart, so they'll get what they want. They always do.
Can you imagine a credit card processor saying, "you know, for the price of 0.05% of those transactions, we're willing to give up WALMART'S business....." I certainly can't imagine them saying that. That's why WalMart owns the whole fucking world right now.
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Generally right about Walmart, but if Mastercard holds firm and it impacts enough of Walmart's customers, it will hurt them. Walmart is increasingly finding itself competing with places like Target. And which is easier for the customer, switching stores or switching banks?