Reuters reports that on Friday Visa Inc was being investigated on rules related to the acceptance of its debit cards. Visa is being investigated on its cardholder verification methods, as well as the routing of debit transactions. The world’s largest payments network operator said it has been cooperating with the investigation. On Thursday, the company reported better than expected quarterly profit, which was in turn helped by the purchase of Visa Europe and some big credit card portfolio wins in the US.
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