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Topic: Wal-Mart Sues VISA for $5 Billion Over...(Guess What?) - page 2. (Read 2563 times)

full member
Activity: 133
Merit: 100
Bitcoin Enthusiast
sr. member
Activity: 434
Merit: 251
Well Wal-Mart isn't it time you started accepting Bitcoin?

i think it would make walmart more money because it would cut down on processing fees. i think walmart really should consider bitcoin as a payment method in the future
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
This is huge news! As much as I despise walmart....I despise the CC companies even more.
legendary
Activity: 1372
Merit: 1014
HARDWARE WALLET ... we need you!  Cry
legendary
Activity: 2296
Merit: 1014
heard about it couple days ago on reddit, bitcoin will replace easily visa/mastercard
so easy, smartphone and thats it
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Huge companies can afford to settle.
They will not go down without a long, bitter fight against Bitcoin.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
What will cause the biggest upward trigger for Bitcoin Price?
None of the above. It will be the wake-up call that results from the inevitable fiat-implosion of one of the major national economies. That event will drives millions to seek refuge in crypto, and not just from the nation that implodes, but from every nation in the world.

I'm taking bets on whether it'll be the euro, the dollar, or the Yuan that pops first.
legendary
Activity: 2674
Merit: 2965
Terminated.
Well Wal-Mart isn't it time you started accepting Bitcoin?
member
Activity: 84
Merit: 10
Hello World!!!
Wal-Mart [WMT (NYSE)] has just filed a massive $5 billion lawsuit against VISA [V (NYSE)] over card processing fees..!!

It's all over the place in mainstream media:

http://www.reuters.com/article/2014/03/27/us-walmart-visa-lawsuit-idUSBREA2Q2BJ20140327

http://money.cnn.com/2014/03/28/news/companies/walmart-visa-suit/

http://www.bbc.com/news/business-26780821

http://www.bloomberg.com/news/2014-03-27/wal-mart-sues-visa-claiming-card-transaction-fee-fixing.html


Is this the Beginning of the End for conventional payment processors like VISA & MASTERCARD (and Rise of the Bitcoin)?




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