Credit Card Fee Bill Sparks Battle Between Payment Companies and Retailers
![Credit Card Fee Bill Sparks Battle Between Payment Companies and Retailers](https://globalretailoutlook.com/wp-content/uploads/2023/08/The_fight_over_a_bill_targeting_credit_card_fees_pits_payment_companies.png)
August 1, 2023 : A bipartisan push in Washington is sparking a conflict between retailers and payment processors over credit card fees. The reintroduced Credit Card Competition Act aims to promote competition by requiring big banks to offer at least one network other than Visa or Mastercard for card transactions.