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Visa, Walmart end feud that began in Thunder Bay

Wal Mart, which began refusing Visa cards in Thunder Bay before making that policy country wide in July, will again accept cards from the credit card company
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(File - Jamie Smith, tbnewswatch.com)

THUNDER BAY -- It's a dispute that started in Thunder Bay, but there now appears to have been a resolution between retail giant Walmart and credit card company Visa. 

Walmart in July 2016 stopped accepting Visa payments at its Thunder Bay stores. The refusal to accept Visa credit cards locally was the first step in a fight Walmart intended to, and eventually did, expand across the country. 

Walmart officials said its spat with Visa was in response to the company's demands for lower service rates than what is charged to other businesses. 

On Thursday Visa issued a statement confirming that the feud had ended.

The statement explains Walmart would start honouring Visa cards on Friday.

There is no word yet on what led to the resolution.

(TBT News)





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