The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump.
President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...
Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...
In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...
The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...
While seemingly small, "swipe fees" are no drop in the bucket. It was found that Main Street businesses in North Carolina ...
If Mr. Trump pursues legislative action to lower credit card fees, Senators Bernie Sanders of Vermont and Josh Hawley, ...
Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...
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Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...