Report: DOJ investigating Visa over debit card business

CHARLOTTE, N.C. (AP) — Visa is under investigation by the Department of Justice’s antitrust division over whether the company pushes merchants into more expensive forms of debit card payments. That’s according to a report Friday in The Wall Street Journal. The Journal cited unnamed sources and said the investigation is focused on how merchants route debit card transactions when a consumer makes an online transaction. San Francisco-based Visa declined to comment on the Journal’s report.