#interchange-fees

[ follow ]
#credit-card-rewards #loyalty-programs #airline-revenue #card-acceptance-rules #merchant-surcharges
US politics
fromFortune
4 days ago

New U.S. legislation could upend credit card loyalty programs. The Points Guy founder calls the reckoning un-American | Fortune

Legislation and legal rulings threaten credit-card rewards, risking reduced points, higher fees, and major revenue losses for airlines, hotels, and merchants.
Business
fromFortune
3 months ago

Credit card tier discrimination may be coming: New Visa-Mastercard swipe settlement could reshape rewards-and surcharges | Fortune

Proposed Visa and Mastercard settlement would lower interchange fees, allow merchants to restrict card acceptance, and shift costs toward consumers and premium cardholders.
[ Load more ]