Retail Insight Network on MSN
Why US retailers want new swipe fee legislation
US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
BRISTOL, Tenn. - Shoppers beware: if you choose to swipe your credit card, it could cost you more money. Two major credit card companies are now allowing businesses to charge an additional fee on-top ...
The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...
The Daily Overview on MSN
Who really gets rich every time you swipe your credit card
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...
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 ...
This story originally appeared on Spotlight PA. 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 ...
Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. Sign ...
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