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This Week In Credit Card News: Why Retailers Want You To Shop On Your Phone
Forbes· 13 hours agoRetailers really want them to do more on their phones. Lately, the retailers are winning more often....
eBay will no longer accept American Express credit cards
Mashable· 6 days agoIn response, American Express has claimed its fees are no higher than any other credit card, and it...
New bill would allow restaurants in California to continue using service fees and other surcharges
Restaurant Business· 7 days agoThe sponsor of the California law that bans most add-on restaurant charges as of July 1 has asked...
Illinois Governor Expected to Sign Bill to Ban Interchange Fees on Sales Tax and Tips | JD Supra
JD Supra· 3 days agoOn May 29, 2024, Illinois lawmakers passed an omnibus budget bill (HB4951) that includes the Interchange Fee Prohibition Act (the “Act”). The Act prohibits the collection ...
Why Paying in Cash Could Cost You Extra - Your Money Briefing - WSJ Podcasts
The Wall Street Journal· 6 days agoPaying with cash used to be a way to get a discount at a store and avoid paying credit card processing fees. Oyin Adedoyin: For some businesses, it is more ...
Looming California law on "junk fees" may face changes after pushback from restaurants
CBS News· 6 days agoMarco Senghor has owned his African restaurant in the Mission since 1997. "It's all about being...
Biden admin to ban medical debt from credit reports, loan decisions: reports
FOX Business· 2 days agoThe Biden administration on Tuesday will propose broad rules that will block medical debt from...
American Express banned by another huge company
Newsweek· 6 days agoSimilar to other payment processors, Amex charges a percentage fee on every transaction a merchant processes through their network. American Express is the most popular < ...
Proposed Visa/Mastercard Interchange Fee Settlement – A Sea Change or Drop in the Ocean for...
JD Supra· 1 day agoWhile the 2024 Settlement does not provide any direct monetary relief to class members, Visa and Mastercard each undertake to modify their respective network rules to loosen existing restrictions ...
White House Plans to Ban All Medical Debt From Credit Reports
The State· 2 days agoThe Biden administration is also making a broader push to encourage medical debt forgiveness.