A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate and has drawn vehement opposition from banks ...
Advocates encourage passage of the Credit Card Competition Act during Senate Judiciary Committee hearing. Citing data released by payments consulting firm CMSPI, RILA noted that swipe fees to process ...
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WASHINGTON (NEXSTAR) — Lawmakers are pushing to pass the Credit Card Competition Act, which they say would cut credit card swipe fees. From groceries to gas, any time you use a credit card there’s a ...
Mr. Klein served as deputy assistant secretary of the U.S. Treasury from 2009 to 2012. A fight has commenced over Capital One’s effort to acquire Discover, a deal that would birth an enormous credit ...
Have you ever asked yourself why gas stations offer a cash discount when you pay to fill up your tank? The answer is: credit card swipe fees. Gas stations, or any business that accepts credit cards ...
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