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“Merchants Applaud Senate Scrutiny of Credit Card Fees” (MPC)
According to their Dec 4 press release, the Merchants Payments Coalition is encouraged by a congressional hearing calling into question unfair credit card practices. Today’s hearing, held by the...
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“EU to MasterCard: Credit Card Interchange Fees Must be Cut” (via MPC news...
U.S. Groups Opposed to Unfair Credit Card Fees Applaud Ruling, Urge Congressional Action Here [Merchants Payments Coalition, news release] Washington, D.C. – December 19, 2007 – Today a coalition of...
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UnfairCreditCardFees.com Advertisements
From the UnfairCreditCardFees.com website. Click below to view recent advertisements Americans pay 3 times as much in credit card fees as Europeans Ever wonder who pays for all that credit card junk...
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“Merchants Want Lawmakers to Regulate Credit-card Fees” (Free Press)
Excerpt: “Merchants are upset over fees they must pay to credit-card companies on each transaction, known as interchange fees. The fees average about 2 percent of the total transaction, but business...
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Record Visits to WayTooHigh.com – The Credit Card Interchange Report
Beyond the Visa IPO news, today marked the largest number of unique visitors to WayTooHigh.com – The Credit Card Interchange Report. Among the leading pages that were visited today included: Stock...
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The Battle Against Visa and MasterCard is Poised to Get Very Loud
According to American Banker reporter Stacy Kaper (Thurs, Feb 21) “Interchange Limits Heat Up on Hill; Conyers, Durbin draft bills giving retailers more sway over fees.” Key points extracted from the...
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“Are Visa and MasterCard Hurting Capitalism?” (via RedState.com)
Click here to read blog posting from RedState.com
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“MasterCard Statement on the Credit Card Fair Fee Act of 2008″ (via...
[Click here to view MasterCard Worldwide press release. Reprinted in its entirety]. Purchase, NY, March 06, 2008 – The electronic payments system benefits merchants and consumers because it is a...
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“National Restaurant Association Applauds Credit Card Fair Fee Act”
[via press release] The National Restaurant Association today applauded the Credit Card Fair Fee Act, legislation introduced last week by U.S. House Judiciary Committee Chairman John Conyers (D-MI) and...
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CNBC Interview with Mallory Duncan, Chairman of the Merchants Payments...
Click hBentz, ere to view the CNBC News segment. Merchants do not have a “wonderful relationship” with Visa and MasterCard. Fact is we are suing them for what could amount to hundreds of billions of...
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“Old Foes Unite to Keep Charging Credit Card Fees to Merchants” (via The Hill)
WayTooHigh.com – The Credit Card Interchange Report Comments: Even financial interpreter Jim Cramer is in for a grueling week as Visa and MasterCard readies for what both companies warn might lead to...
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Merchants Say That Visa Fee Cut is Less Than Meets the Eye
WASHINGTON, June 27 MPC-Visa-fee-cuts Credit Card Fees on Gasoline Might Actually Be Higher, Not Lower, Under New Visa Program WASHINGTON, June 27 /PRNewswire-USNewswire/ — Visa’s announcement...
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Merchants and Consumers Welcome Judiciary Committee Passage of Bipartisan...
WASHINGTON, July 17, 2008 /PRNewswire-USNewswire via COMTEX/ — Credit Card Fair Fee Act Would Mean Free Market Transparency, End Card Price Fixing The retail community welcomed the House Judiciary...
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“Swipe Fee” Reform – International Lessons (via UnFairCreditCardFees.com)
Click here to read the recent report profiling interchange merchant interchange fees rates. U.S. credit card interchange fees ~2X rates in UK, New Zealand. ~4X rates in Australia. ~6X cross border...
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What Is “Interchange” [video: Electronic Payments Coalition]
You just have to watch this how-to video. The key facts about illegal antitrust price-fixing are omitted, as are the reasons why merchant interchange fees in the U.S. are upwards of six-times what...
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U.S. Senate Passes Commonsense Swipe Fee Reform to Aid Small Business and...
Main Street merchants applaud Senate for taking immediate action to help retailers and their customers across the nation WASHINGTON— The Merchants Payments Coalition, representing 2.7 million U.S....
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