News • 1 year ago

The fight over a bill targeting credit card fees pits payment companies against retailers

cross-posted to:
breakingnews

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The fight over a bill targeting credit card fees pits payment companies against retailers

News • 1 year ago

cross-posted to:
breakingnews

Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year.

A bipartisan push in Washington to clamp down on credit card fees is pitting retailers like Walmart against network payment processors such as Visa.

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originalucifer
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fedilink
22•1 year ago
no love lost for these ancient financial relics. when you have to pay some automated payment solution more than your staff, theres a problem.

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