Wal-Mart vs. Visa Fee Fight Plays Out In Thunder Bay

The video discusses the competitive landscape between MasterCard and Visa, focusing on a situation in Thunder Bay where Walmart stopped accepting Visa due to high transaction fees. Visa holds a significant market share in Canada, but Walmart's move could impact this. The video also explores how retailers like Costco have shifted payment partnerships, and Walmart's introduction of a new payment system in the U.S. as part of its strategy to reduce transaction costs.

What are the potential implications for Visa if Walmart stops accepting their payments?

What new payment system is Walmart looking to implement?