Oh an innocent post spreading information to the people and definitely not paid for as astroturfing.
The Credit Card Competition Act introduced by Senators Peepee Durbin (D) and Roger Marshall (R) aims to enhance competition in credit card transactions, potentially reducing interchange fees.
Large banks with over $100 billion in assets would be mandated to offer at least two unaffiliated payment networks on their cards, not just Visa or Mastercard, in addition to the dominant ones. This would allow merchants to compare fees and terms, potentially leading to lower costs and better prices for consumers.
Noooo don't add competition to the market you might lose your pittance in rewards that are paid with lower fees!!
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Oh an innocent post spreading information to the people and definitely not paid for as astroturfing.
The Credit Card Competition Act introduced by Senators Peepee Durbin (D) and Roger Marshall (R) aims to enhance competition in credit card transactions, potentially reducing interchange fees.
Large banks with over $100 billion in assets would be mandated to offer at least two unaffiliated payment networks on their cards, not just Visa or Mastercard, in addition to the dominant ones. This would allow merchants to compare fees and terms, potentially leading to lower costs and better prices for consumers.
Noooo don't add competition to the market you might lose your pittance in rewards that are paid with lower fees!!
Proles deserve everything they get frfr no cap
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