Payments News Update - April 22, 2022
Legal and Regulatory Developments
SPOTLIGHT: Lawmakers Seek to Cancel Card Fee Increases
Payments Dive – April 21, 2022
A bipartisan group of four lawmakers implored Visa and Mastercard on Friday to cancel credit and debit card "swipe" fee increases planned for this month, warning them about practices that could raise antitrust concerns. In an April 15 letter to the CEOs of Visa and Mastercard, the Democrats...