MPC, Durbin, Marshall and Welch Call for Passage of Credit Card Competition Act
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The Merchants Payments Coalition is dedicated to fighting unfair credit and debit card fees and advocates for a more competitive and transparent payments system.
The U.S. payments industry should be more transparent in order to bring about competition.
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If merchants are to pay credit card fees, networks and issuing banks should set them competitively.
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The fees merchants pay to accept credit cards are too high.
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OUR MISSION
The Merchants Payments Coalition is a group of retailers, supermarkets, restaurants, drug stores, convenience stores, gas stations, online merchants, and other businesses focused on reforming the U.S. payments system to make it more transparent and competitive. MPC firmly believes in opening up the payments market and introducing competition, which in turn would lower costs and drive innovation.
