Wal-Mart, Visa settle dispute

MISSISSAUGA, Ont. — Wal-Mart Canada and Visa have reached a confidential agreement, ending their dispute over card fees for retailers. Last year, Wal-Mart began refusing the card at stores in Northwestern Ontario and Manitoba over what it described as excessive fees, threatening to roll out the ban to its 400 Canadian stores. Visa countered by offering cardholders a $10 credit for buying groceries from Wal-Mart’s competitors. Neither company released details of the agreement.