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Visa Execs Launch Full-Court Press on Japanese Government

Visa logoLast week's ratification of the Durbin Amendment by U.S. lawmakers seemed to put Visa (V) on edge, with the credit card company now facing the prospect of curtailed interchange fees. (Of course, the firm's written statement cited concerns about potential harm to consumers -- a nice touch.)

So, with the forecast looking gloomy on the home front, perhaps it's no surprise that Visa is now trying to woo another major world power. According to Japan's The Nikkei, Visa "will urge the Japanese government to use credit cards for all of its purchases, from stationery items to parts for fighter jets, saying it would save the country a lot of money."

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