Wal-Mart Stores, Inc. (NYSE:WMT) announced today, April 4th, that its co-branded credit card portfolio will convert to Mastercard Inc (NYSE:MA) later this year. Mastercard Inc (NYSE:MA) has been battling in recent years to win more co-branded partnerships to boost transaction volume over its payment network. Cards to carry MasterCard’s logo In a deal struck by the retail giant with General Electric Co’s banking arm, Wal-Mart Stores, Inc. (NYSE:WMT)’s co-branded credit cards will soon carry MasterCard’s logo. Wal-Mart’s co-branded cards, like other co-branded cards, offer discounts and other perks for shopping at the retailer’s stores. The cards are issued by a…
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