Merchants Ask Congress to Investigate Visa and Mastercard, Citing Biden Call to Fight Inflation with Competition
The Merchants Payments Coalition today called on Congress to investigate Visa and Mastercard’s anticompetitive dominance over the U.S. credit and debit card markets, citing President Biden’s call in his State of the Union address to fight inflation by increasing competition.
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Merchants Launch Ad Campaign as Swipe-Fee Hike Looms
Ahead of a planned swipe-fee increase set for April by Visa and Mastercard, the Merchants Payments Coalition (MPC) launched an advertising campaign to educate Congress and other policymakers on the swipe fees and the impact they have on consumers, small businesses and the U.S. economy.
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Credit card swipe fees set for $1.2 billion increase
A new advertising campaign looks to educate Congress and other policymakers on the impact high swipe fees have on consumers, small businesses and the U.S. economy.
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Merchants’ Ad Campaign Highlights Harm of Credit Card Swipe Fees Ahead of $1.2 Billion Increase
With fees set to rise in April, the Merchants Payments Coalition today announced an advertising campaign to educate Congress and other policymakers on high “swipe” fees credit card networks and big banks charge merchants to process transactions and the impact the fees have on consumers, small businesses and the U.S. economy.
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Amazon settles Visa fee spat; US merchants challenge fees
While Amazon and Visa settled a simmering dispute over credit card processing fees, US merchants have ramped up a campaign to convince legislators to examine the impact of credit card processing fees on small businesses.
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Merchants Payments Coalition Using UK Settlement to Demand Changes on U.S. Swipe Fees
The Merchants Payments Coalition (MPC) is calling on officials in the United States to do something about credit card “swipe” fees following an announcement that Amazon has agreed to continue accepting Visa credit cards in the United Kingdom.
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Amazon Strikes Agreement With Visa on Payment Fees
Amazon.com Inc. has agreed to accept Visa Inc.’s cards across its global network, settling a feud that threatened to damage the financial giant’s business and disrupt e-commerce payments.
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Swipe Fees Need to Be Addressed, Say Merchants
The Merchants Payments Coalition (MPC) is asking U.S. officials to address credit card swipe fees once again following the announcement that Amazon has agreed to continue accepting Visa credit cards in the United Kingdom.
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The Amazon vs. Visa Standoff Is Over: Two Companies Come To An Agreement
Amazon and Visa have reached an agreement after a long-running dispute over huge credit card fees, so U.K. consumers who want to use Amazon can rest easy knowing there will not be a ban on Visa card payments.
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Visa, Amazon settle fee dispute
Amazon and Visa today officially ended their spat over the card company’s fees paid by U.K. credit consumers, a disagreement that had threatened to spill over to the U.S. and other markets.
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