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Kroger considering ban on Visa credit cards

Kroger considering ban on Visa credit cards

American retail company Kroger Co. (NYSE: KR) is considering expanding its ban on Visa credit cards imposed by one of its subsidiaries, preparing to fight back against the over USD 90 Billion annual swipe fee payment.The Company stated that its Food..

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan Chase & Co. (NYSE: JPM) aims to cut costs of about $200 million in the unit that oversees the Sapphire Reserve credit card due to high demand and the card’s generous rewards.Consumers are willing to pay the $450 annual fee for a ..