Recent efforts to reduce credit card fees may appear to be well-intentioned, but they run a very real risk of making it harder for millions of Americans to access credit. The recently proposed Credit ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the potential to fundamentally alter the competitive dynamics of ...

The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents ...

If you’ve ever wondered why a local small business has a piece of cardboard taped to the register that says, “no credit cards under $10,” the reason is what’s called a “swipe fee.” For every credit ...

To lower costs for consumers, the Credit Card Competition Act aims to increase competition in the payment processing industry and decrease interchange fees by banning the safest and largest credit ...