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“Amazon is once again making people rethink the fundamentals of retail. Payment is a crucial part of the process which has for a long-time revolved around card providers and the fees they charge. Even the arrival of mobile payments like Apple Pay and Google Pay did not disrupt card processing in the same way that today’s news will do. With Amazon questioning Visa’s fees, you can be sure that other retailers are now looking at them too.”
David Maisey
CEO at MultiPay Global Solutions