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Discover will get 2.8 billion dollars from Visa and MasterCard


Yesterday there was a suit that has finally ended the story with such monsters of card payment industry as MasterCard, Visa Card and Discover. We have already written about the background of this lawsuit filed by Discover in 2004. 

In case of fail Visa and MasterCard would have been paid 18 billion to Discover. However, yesterday the case was settled for about 2.8 billion dollars. The details of the agreement have not been disclosed yet. 


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