The fight more than a monthly bill focusing on credit card charges pits payment companies towards merchants

The fight more than a monthly bill focusing on credit card charges pits payment companies towards merchants


Vital Points
  • A bipartisan drive in Washington to clamp down on credit rating card charges is pitting stores like Walmart towards network payment processors these kinds of as Visa.
  • Bipartisan assist for the Credit score Card Levels of competition Act has surged given that it was released past year.
  • “It can be time to inject true competitiveness into the credit score card community market place, which is dominated by the Visa-Mastercard duopoly,” Sen. Dick Durbin, D-Unwell., said.



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