Once again this debate has surfaced, but now the President and a new Merchants Payment Coalition are taking this issue very seriously. The retailers and business owners want the priviledge of negotiating interchange fees with the banks.
In view of the recent new credit card Legislation, this issue will probably not go away. [...]
Filed under: Uncategorized | Tagged: banks, credit cards, interchange rates, Merchant Payment Coalition, President Obama, Representative Peter welch, retailers | 3 Comments »
