Comment Re:Customers may benefit... maybe (Score 1) 455
Plus Walmart beating up Visa on price is almost certainly going to benefit consumers in the long run and Walmart is big enough to actually succeed. The cost of credit card swipe fees gets rolled into the prices we pay for products so if they get lowered at least some of that money will flow through to us as end customers. Not all of course but definitely some.
More likely that Visa (and others) will make up the difference by raising rates on smaller retailers. They will be forced to raise their prices, which will make WalMart's prices look better.