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Visa to Help Ease Pain at the Pump
Visa Inc. (NYSE: V) today announced that it is implementing processing and rate changes that will result in benefits for American consumers and fuel merchants frustrated by rising prices at the pump. Visa's new processing approach for fuel transactions will enable consumers to buy gas more easily and allow motorists and station owners to better avoid the risks and inconveniences associated with pump limits and holds on funds. Visa also will reduce interchange rates for fuel transactions, which can lower costs for oil companies and service stations and can be passed onto consumers at the pump.
Press Releases
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- Visa Inc. To Announce Fiscal Third Quarter 2008 Financial Results on July 30, 2008 (06-27-08)
- Visa Launches the Visa Business Network on Facebook® (06-24-08)
- New Best Practices Reveal Key Drivers of Procure-to-Pay Process Efficiency and Cost Savings (06-11-08)
- Visa Inc. Announces Quarterly Dividend and Sets Annual Meeting Date (06-11-08)
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