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JPMorgan's partnership with Visa (V) is viewed as a slight negative for MasterCard (MA), says...

JPMorgan's partnership with Visa (V) is viewed as a slight negative for MasterCard (MA), says Sterne, Agee, which sees MasterCard maybe responding by tightening a relationship with one if its big issuers such as Citigroup (C). For Visa, Sterne says it's a smart move locking down a large customer for 10 years, and preventing Chase from working with a competing network.
Comments (1)
  • i'm glad i don't use jpm cards
    2 Mar 2013, 03:28 AM Reply Like
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