US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
The move comes days after Trump pushed for a one-year cap of 10% on credit card interest rates, calling it a move to improve ...
WASHINGTON, D.C. — Passage of the Credit Card Competition Act (CCCA) is gaining momentum.
With card acceptance becoming a near-necessity in vending due to declining cash usage, processing fees can put meaningful ...
Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers ...
WASHINGTON Today, U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Roger Marshall, M.D. (R-KS) reintroduced ...
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...
There are still a few times and places in the era of Bitcoin and Venmo where it still makes more sense to use cold, hard cash ...
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Visa and Mastercard are facing pressure as Trump supports Credit Card Competition Act, potentially impacting their duopoly and high-margin fee engines.
Mastercard , Visa and British fintech Revolut on Thursday lost a legal challenge to Britain's payments regulator over its ...