Visa Delays Fee Changes, Might Also Give Gas Stations Relief
- Interchange-fee changes set for April now moved to July
- Gas stations may get reprieve from deadline for new pumps
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Visa Inc. is considering a reprieve for gas stations straining under an October deadline to upgrade their pumps, and, along with Mastercard Inc., delayed a set of fee changes that were to take effect next month.
The moves are aimed at sending relief to merchants struggling to remain afloat as the coronavirus puts a virtual halt to global travel and governments order businesses to shut.