Visa Inc. and MasterCard Inc. marked a squeeze in New York trading after the U. S. Senate introduced limits on debit- card fees in the financial-overhaul bill and analysts cited that the House is likely to permit the amendment.

Visa, the world's biggest payments network, marked a slip $8.47, or 9.9 percent, touching $77.26 at 4:15 p. m. in New York Stock Exchange composite trading, and has squeezed 20 percent from a closing high of $96.59 on April 23.

MasterCard also fell $19.86, or 8.6 percent, to $212.45, also marking a slip 20 percent in three weeks.

Shares of networks and banks witnessed soaring pressure last week as Senate Majority Whip Richard Durbin nudged the fee curbs.

It is revealed that limits may crimp revenue at Bank of America Corp., Wells Fargo & Co. and JPMorgan Chase & Co., the biggest U. S. debit-card issuers. The measure cleared the Senate because of the industry's bad attitude toward merchants, Durbin posted.

"They do things that are just totally indefensible," Durbin quoted, today in a telephone interview. "They really have done everything they can to suppress any competition between the two giants".

Visa and MasterCard attributed for 91 percent of global credit-and debit-card purchase transactions in 2009, uncovers the Nilson Report, an industry newsletter based in Carpinteria, California.