The Credit Cards Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents
The Credit Cards Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents
Furniture Industry News: The NRF said a Federal Reserve proposal to lower the cap on debit card “swipe” fees is a welcome move but still leaves the fees significantly higher than banks’ cost to process the transactions.