Hill Blasts | Merchants Payments Coalition

Hill Blast July 19, 2024

MPC Hill Blast: The Blame Game

Big Wall Street banks love to jack up fees on consumers. And they like to blame anything else they can for their decisions to do so.

MPC Hill Blast: News Flash: Credit Card Companies Mistreat Consumers

Credit card companies and giant Wall Street banks keep finding more ways to get more money out of American consumers. Keep in mind, they argue that they treat consumers better because of the big dollars they take from merchants in the form of swipe fees. But swipe fees are up more than 50% just since 2020. Has that stopped the big banks from crushing consumers with higher interest rates and big fees? NO.