▶youtube WorldUS Politics first seen 23 h ago, last 1 h ago, peak #7
Payment Coalition Urges Congress to Reject Big-Store Card Rules
Original: DON'T LET CORPORATE MEGA-STORES FOOL CONGRESS AGAIN!
The Electronic Payments Coalition, a group backed by banks and payment networks, is pressing Congress to reject legislation backed by large retailers that would change how credit card routing works. Its campaign warns lawmakers against being, in its words, fooled again by big-box chains. It reflects the long-running fight between merchants and banks over interchange fees, with the Credit Card Competition Act at the centre of the debate in Washington.
Why now: Congress is again weighing credit card routing legislation, reviving the battle between big retailers and the banking and payments industry.
Electronic Payments CoalitionCongressCredit Card Competition Act
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- DON'T LET CORPORATE MEGA-STORES FOOL CONGRESS AGAIN! · Electronic Payments Coalition · 837.1K
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