Consumers aren’t the only ones who are paying to use a credit card. VISA, Mastercard, Discover, AMEX are playing the other side of the field as well, charging merchant fees (known as interchange fees) to any business owner who accepts credit cards as payment. This fee is ultimately paid to the credit card company who [...]
Entries Tagged as 'New Legislation'
Reforms Considered for Hidden Credit Card Processing Fees
January 14th, 2010 · 2 Comments · Banking, Credit Cards
Tags: consumers·Credit Card Fair Fee Act·credit card processing fees·Credit Cards·interchange fees·Mastercard·merchants·New Legislation·reforms·Visa
Credit Card Reform!
February 20th, 2008 · No Comments · Credit Cards
Maybe (ha!) this will actually get passed. We need a comprehensive reform on credit cards. http://www.house.gov/apps/list/press/hi01_abercrombie/pr08credit_card_bill_of_rights.shtml
Tags: Credit card·New Legislation·Reform
