This is a Mastercard news story, published by Yahoo Finance, that relates primarily to Payment & Clearing Association of China news.
For more Mastercard news, you can click here:
more Mastercard newsFor more banking & finance news, you can click here:
more banking & finance newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
bank card transaction fees. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest foreign bank cards news, global card issuers news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
foreign card transactionsReuters
•82% Informative
Payment & Clearing Association of China is negotiating with global card issuers including Visa and Mastercard on lowering fees charged on foreign card transactions.
The association proposed trimming the fee to 1.5% from 2-3% , the report said.
Mastercard said it would work with partners to lower costs for local merchants accepting foreign cards.
VR Score
93
Informative language
98
Neutral language
83
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links