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Visa's and MasterCard's assessments are fixed at 0.1100% of the transaction value, with MasterCard's assessment increased to 0.1300% of the transaction value for consumer and business credit volume on transactions of $1,000 or greater. On average the interchange rates in the US are 179 basis points (1.79%, 1 basis point is 1/100th of a ...
In 1953, an increase in paper costs to US$10 (equivalent to $113.88 in 2023) a ton increased newsprint costs to US$21.7 million (equivalent to $308,616,417.91 in 2023) On December 28, 1953, the pages were reduced to 15.5 inches (390 mm). On February 14, 1955, a further reduction to 15 inches (380 mm) occurred, followed by 14.5 and 13.5 inches ...
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