According tothe regulations ofInternationalcreditcard organization, everymemberbankmust design the logo of theorganization on the face of the credit card.
According to a 2005 creditcard survey by Consumer Action, a nonprofit organization focused on consumer education and advocacy, most issuers charge 2 to 3 percent, which includes the Visa or Mastercard charge.
In March, U.S. trade officials approached major global credit-card companies to assess interest in filing a formal complaint against China with the World Trade Organization for restricting market access, but failed to achieve collective support.