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Walmart is trying to leverage its market power against Visa. You can leverage your market power against Walmart by shopping elsewhere if you so desire. Walmart

• LionessLover 10y ago
  But lowering the fees is a good thing. It's a cash cow for the credit card issuers, and you pay it in the end - and you also pay the higher retail prices if you yourself don't use a payment method that the retailer has to pay a high(er) fee on because the fees are priced into the items. The only thing bad is that the large retailers like Walmart have a much easier time negotiating significantly lower fees while small retailers have to pay whatever the card processors are asking for - which in my country is as much as 2-4%. Here is an example calculation: https://www.cardfellow.com/average-fees-for-credit-card-processing/ https://www.cardfellow.com/average-fees-for-credit-card-proc...
  • mathgeek 10y ago
    It can be viewed as simply as "when fees goes down, something else goes up," as well. You also have to consider that many people invest indirectly in Visa through mutual funds. There are many other factors.