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by Mary Stroka, The Center Square contributor | March 05, 2021 12:00 PM Print this article
March 8 marks the one-year anniversary of the first reported COVID-19 cases in Iowa, which led to the state’s economic plunge in April 2020.
Certain challenges persist despite substantial recovery, however.
“There were a lot of dire forecasts in April and May of last year, but in a lot of ways, the Iowa economy has recovered faster than a lot of people, including myself, had anticipated,” Iowa Department of Revenue Chief Economist and Division Administrator of Research and Policy Robin Anderson told The Center Square in a phone interview.
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After delaying card fee adjustments in 2020, Visa and Mastercard rumored to raise card fees.
Both networks are set to raise credit card merchant fees this spring for select purchases, including ecommerce transactions.
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Visa and Mastercard are reportedly going to be increasing merchant fees for certain credit card transactions in April,
per The Wall Street Journal. Both networks
pushed back planned fee adjustments in 2020 due to the coronavirus pandemic. Visa and Mastercard rumored to raise card fees. Insider Intelligence
But now, Visa and Mastercard are rumored to soon be imposing higher card fees that would likely mostly affect online credit card transactions, which have become more