The Traderszone Network

Published in TZ Latest News 2 June, 2016 by The TZ Newswire Staff

What Costco Wholesale Corporation Has to Say About the Switch to Visa

Credit Cards

Costco‘s (NASDAQ: COST) transition away from an American Express (NYSE: AXP)-branded credit card has cost the retailer over $40 million since it stopped taking new card sign-ups last Fall. Thankfully, those losses are set to end as soon as the Visa (NYSE: V) co-branded cards open up for use on the official transition date later this month.

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