The Credit Card Competition Act may impact your credit card rewards, but it’s uncertain whether it will completely eliminate them. Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's ...

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 ...

The supporters of the Credit Card Competition Act (S. 1838 and H. R. 3881) declare that its passage would reduce costs for merchants and prices for consumers. Its backers, however, ignore the fact ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

・The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard ...

Giving merchants the option of passing on the rewards-related element of credit card swipe fees to consumers would radically rewrite the rules of payments competition, writes David True. The cost of ...

Your credit card rewards are safe, at least for now. The Credit Card Competition Act has been sidelined. The CCCA aims to lower the “swipe fees” that merchants pay to process credit card transactions.

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 ...

An op-ed in the New York Times this month made the odd claim that credit card reward points programs are being paid for by the poor. In the piece, Stanford professor Chenzi Xu and graduate student ...