GAO Study Not Posing Any Risk to V and MA

Symbols: MA, V
Tags: JPMorgan
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Analysts at JPMorgan maintain their “overweight” rating on Visa Inc (NYSE: V) and MasterCard Inc (NYSE: MA).

The Government Accountability Office (GAO) has published its report on consumer credit, interchange fees and the impact on consumers and merchants. According to JPMorgan, the report indicated that merchants are paying more as a result of more swipes and appreciating interchange rates. The report also acknowledged that it will be tough to determine the benefit or damage to consumers if interchange were to be regulated.

JPMorgan believes that the results of the GAO study were positive and would not pose a risk to V and MA. JPMorgan also expressed its comfort level with the risks associated with the possible interchange regulation.


 
 
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