Legislators Urge Visa, Mastercard to Cancel Swipe-Fee Increases
A bipartisan letter to the credit card companies said that the fees hurt consumers; swipe fees were up over 25.6% in c-stores last year.
Source: convenience.org
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Swipe Fees Cost Each Consumer 2 Dozen Easter Eggs
Consumers will spend an average of $169.79 on Easter-related items this year for a total of $20.8 billion.
Source: convenience.org
Merchants Launch Ad Campaign as Swipe-Fee Hike Looms
The ads will target members of Congress ahead of a $1.2 billion swipe-fee increase next month.
Source: convenience.org
Merchants Call to Bring Swipe Fees Under Control as Card Use Increases
Convenience retailers paid over $10 billion in swipe fees in 2020.
Source: convenience.org
A Central Bank Digital Currency Could Improve Payments, Fed Says
White paper says a potential CBDC could “support faster and cheaper payments” and “lower transaction costs.”
Source: convenience.org