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The basic idea behind double-dipping is to link your credit card purchases to as many rewards programs as possible so you can ...
A bipartisan bill focused on credit-card swipe fees has failed to gain traction for years, but it has another shot in the U.S ...
(InvestigateTV) — The number one reason a credit card charge is declined is insufficient funds, according to Discover, but the Better Business Bureau (BBB) warns cards might also be declined as ...
In a recent piece for RealClearMarkets, Indraneel Chakraborty asks the question: “Are credit card swipe fees really too high?” Yet, throughout his piece, Chakraborty makes numerous claims that ...
“Every year, 3% of all of our sales is washed away just to credit card processing,” he said. Merchants have long shouldered these “swipe fees,” the catchall term for businesses’ payments ...
Last year, Visa and Mastercard agreed to cap swipe fees for five years, and pay back $30 billion to merchants who said they’d been overcharged on credit card transactions. But in June a federal ...
Swipe fees are the charges that Visa, Mastercard, and the big banks impose on retailers for every credit card transaction; amounting to anywhere from 2 percent to 4 percent of the transaction total.
The Credit Card Competition Act is aimed at reducing credit card fees in an attempt to lower costs for businesses and customers. It's the holiday shopping season, which likely means more use of ...
Act on the news with POLITICO Pro. Banks and credit card companies are contending with new threats to swipe fees that have popped up in statehouses across the U.S. “What has happened in ...
This story originally appeared on Spotlight PA. A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate ...