Visa's pricing of 'Token' technology under DOJ probe – Bloomberg News

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Shares of Visa (NYSE:V) were down 1.06%, at $237.29 in premarket trading.

The technology swaps sensitive card numbers with tokens that can be exclusively used on a particular device or with a merchant, the report said.

DOJ’s probe of Visa began in early 2021 and is investigating if the credit card company uses anti-competitive practices in the debit card market.

Visa and the DOJ did not immediately respond to a Reuters request for comment.