The promised benefits of new credit card regulations lower prices for consumers won’t be realized. Merchants will have a million reasons why savings won’t be passed on.
/PRNewswire/ New research from Cornerstone Advisors, a leading management and technology consultancy for banks, credit unions and fintech firms, reveals how.
Cuna Releases Study On True Impact Of Interchange Regulation menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The fees banks charge to merchants have skyrocketed because people are making more purchases using their credit cards during the pandemic. Lawmakers can cap these fees before they further eat into retailers' profits.