Credit Card Competition Act Archives - MMR: Mass Market Retailers

Retailers’ campaign targets swipe fees

September 18, 2023 by MMR advocacy campaign, Credit Card Competition Act, National Retail Federation, swipe fees Leading Headlines, Retail News

WASHINGTON — The National Retail Federation today announced the launch of an advocacy campaign urging Congress to support the Credit Card Competition Act. The campaign begins today and runs through Friday on social media, ConnectedTV, and digital platforms. NRF cited new consumer data suggesting that just 21% of survey respondents think credit card companies are

China UnionPay viewed as threat

February 27, 2023 by MMR Credit Card Competition Act, Merchants Payment Coalition, opinion, U.S. House committee, UnionPay 2023, Issue 02-27-2023, Issues

WASHINGTON — The Merchants Payment Coalition (MPC) has sent a letter to a U.S. House committee urging passage of the Credit Card Competition Act as a way of limiting Chinese involvement in industry groups that set security standards governing U.S. credit and debit card networks. The letter to members of the Financial Services Committee was