▶youtube WorldUS Politics first seen 17 h ago, last 59 min ago, peak #7
Retailers and Banks Clash Over Credit Card Fees in Congress
Original: DON'T LET CORPORATE MEGA-STORES FOOL CONGRESS AGAIN!
A lobbying campaign by the Electronic Payments Coalition is urging Americans to tell Congress not to back legislation backed by large retail chains that would change how credit card interchange fees work. The banking-backed group argues so-called corporate mega-stores want to shift processing costs onto consumers, while retailers have long argued the fees amount to a swipe-fee burden on shoppers.
Why now: Congress is again weighing credit card routing legislation, reigniting the fight between big retailers and the payments industry.
Electronic Payments CoalitionUS Congresscredit card networkslarge retail chains
Rank over time, top of the chart is #1. 11 snapshots from 17 h ago to 59 min ago.
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- DON'T LET CORPORATE MEGA-STORES FOOL CONGRESS AGAIN! · Electronic Payments Coalition · 787K
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