Visa, mastercard draw new government scrutiny over debit-card routing

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3 min read . Updated: 18 Oct 2022, 06:02 PM IST AnnaMaria Andriotis, The Wall Street Journal

In recent months, the FTC expanded its focus to routing challenges that stem from the networks’ security tokens, the people familiar with the matter said (Photo: Bloomberg) — In recent months, the FTC expanded its focus to routing challenges that stem from the networks’ security tokens, the people familiar with the matter said (Photo: Bloomberg)

The Federal Trade Commission is examining whether the companies’ security tokens prevent online debit-card payments from going over other networks

The Federal Trade Commission is investigating whether Visa Inc. and Mastercard Inc.’s security tokens restrict debit-card routing competition on online payments, according to people familiar with the matter.