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▶youtube WorldUS Politics first seen 1 d ago, last 1 h ago, peak #7

Retail and Payment Groups Clash Over Swipe Fee Bill

Original: DON'T LET CORPORATE MEGA-STORES FOOL CONGRESS AGAIN!

The Electronic Payments Coalition is urging Congress not to back legislation that would let large retailers route card payments through alternative networks, claiming the big-box stores would profit at consumers' expense. The campaign targets the credit card interchange fight on Capitol Hill, with retailers and payment networks pouring money into opposing lobbying pushes.

Why now: Congress is actively weighing swipe-fee legislation, and both retailers and payment companies are lobbying hard ahead of any vote.

Electronic Payments CoalitionUS Congresscredit card interchange reform

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