Wednesday, April 12, 2006

Visa® and MasterCard® Could Reap Billions in Revenues From U.S. Energy Crisis (

From the Wall Street Journal (subscription required), April 12, "Last summer's gas prices may have been steep, but this summer will likely be even worse. Government estimates predict an increase of 25 cents per gallon over last year."

[Ed note: As more motorists plan to charge their tank fillups, Visa® and MasterCard's® member banks are poised to reap billions in new interchange fees. As gas prices doubled, proportionally, so too will interchange fees.]