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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...
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 ...
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...
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 ...
Want to pay cash? That’ll cost you extra
The Wall Street Journal via Yahoo Finance· 7 days agoMost of its customers choose to pay using automatic bank transfers, debit card, check or Apple Pay. The company said it doesn’t charge a fee for...
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...
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...
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 < ...
Biden Adds Junk Fees To The Inflation-Adjusted Price Of Your Vote
Forbes· 3 days agoAmid elevated living costs and stubbornly high inflation rates, President Biden has been scrambling...
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 ...