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Credit Card Competition Act: A push for lower swipe fees, potential savings for consumers

Battle lines have been drawn over credit card swipe fees, with a bipartisan group of lawmakers and retailers taking on big banks and card companies.

New yorkUnited statesRogeliov solisDanny reynoldsMark lennihanNational deskCard competition actAll photosRichard huntUs federal reservePeter welchRoger marshallNational retail federationDick durbinStephanie martzJd vance

Supreme Court agrees to hear debit card 'swipe fees' case

Supreme Court agrees to hear debit card 'swipe fees' case
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North dakotaUnited statesAaron stetterStephanie martzNational retail federationFederal reserveElectronic payment coalitionUs district courtDakota retail associationSupreme courtDakota petroleum marketers associationDick durbinFrank actCorner postNorth dakota basedNorth dakota retail association

Supreme Court agrees to hear debit card 'swipe fees' case

The Supreme Court agreed Friday to take up a case asking the Federal Reserve to lower the cap on debit card “swipe fees.” An amendment by Sen. Dick Durbin (D-Ill.) to the 2010 Dodd-Frank Act directed the Fed to set a “reasonable” cap on fees that banks charge merchants each time a customer swipes a…

North dakotaUnited statesStephanie martzAaron stetterElectronic payment coalitionSupreme courtDakota retail associationNational retail federationFederal reserveDakota petroleum marketers associationUs district courtDick durbinFrank actCorner postNorth dakota basedNorth dakota retail association

Credit Card Competition Act: A push for lower swipe fees, potential savings for consumers

Battle lines have been drawn over credit card swipe fees, with a bipartisan group of lawmakers and retailers taking on big banks and card companies.

New yorkUnited statesMark lennihanDanny reynoldsRogeliov solisNational deskCard competition actAll photosNational retail federationRoger marshallPeter welchUs federal reserveRichard huntDick durbinStephanie martzJd vance

This Expert Says the Credit Card Competition Act Won't End Credit Card Rewards

This Expert Says the Credit Card Competition Act Won't End Credit Card Rewards
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