Efforts to shoehorn the Credit Card Competition Act into pieces of popular legislation need to be defeated. The proposed law ...

The reality is these mandates come at great cost to consumers and small businesses. It will mean less money going to secure payments systems, fraud protections and credit card rewards.

Research shows that, if this bill passes, discretionary spending will likely be down across the board to $80 billion. That is hundreds of dollars down for every household.

“Corporate mega-stores and their lobbyists are trying to blame credit card companies for these higher prices as an excuse to push new mandates on American’s credit cards.” The mention of ...

New routing mandates for credit cards will not do a thing to help small merchants and would likely reduce the ability of poorer Americans to obtain credit cards altogether. They will also reduce ...

A new law took effect in New York this past weekend, requiring businesses to inform customers about credit card surcharges that will cost them more money at the register. Starting Sunday ...

The state law, which goes into effect Sunday, requires businesses to include any surcharges in the prices listed for the products or services they sell.

Under a new law that took effect on February 11, 2024, all “sellers” in New York who apply a credit card surcharge to sales transactions must now comply with certain consumer disclosure ...

Mastercard and Visa failed to stop their companies from laundering money from child sexual abuse and sex trafficking on OnlyFans, according to allegations in an undisclosed whistleblower complaint.

The state Office of Parks, Recreation and Historic Sites began credit-card-only policies at some sites during the COVID-19 pandemic and announced in 2022 that they would apply at state-run golf ...

PXP Financial, the expert in global acquiring, payment, fraud and data analysis services, today announces a partnership with DisputeHelp to provide its merchant portfolio with dispute management ...

After all, the bill promises to contain credit card acceptance costs for merchants, and to do it by means of making networks compete for volume. That sounds reasonable, pleases merchants, and placates ...