Visa and Mastercard are nearing a settlement with merchants that would lower interchange fees and give businesses more flexibility in accepting payments, according to a recent report by the Washington Reporter.
This week, The Wall Street Journal Editorial Board published an opinion piece addressing recent developments in the ongoing debate over credit card swipe fees.
Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt commented on the recent settlement agreement reached between Visa, Mastercard, and a class of merchants regarding card processing costs.
As the Durbin Amendment marks its 14th anniversary, the Electronic Payments Coalition (EPC) conducted a Halloween-themed campaign on Capitol Hill to emphasize what it describes as negative outcomes from debit card mandates.
Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt has issued a statement following oral arguments presented by Illinois’ community banks and local credit unions against a new state law.
As families in the United States get ready for the new school year, the Electronic Payments Coalition (EPC) is drawing attention to how credit card cashback rewards assist households with back-to-school expenses.
An industry report from the National Restaurant Association has highlighted the significant role of credit and debit cards in supporting restaurant sales.
Electronic Payments Coalition Executive Chairman Richard Hunt expressed approval following the U.S. Senate's decision to exclude the Durbin-Marshall credit card mandate amendment from the GENIUS Act.
American Banker recently published an op-ed authored by leaders from three major trade associations: Rob Nichols of the American Bankers Association (ABA), Jim Nussle of America’s Credit Unions, and Rebeca Romero Rainey of the Independent...
A recent study conducted by the University of Miami's School of Finance has analyzed the potential impact of the Durbin-Marshall Credit Card Bill and similar state-level interchange legislation on community banks and credit unions.
The Government Accountability Office (GAO) has released a report requested by Senator Dick Durbin and Congressman Lance Gooden concerning the government's use of credit cards.
The Illinois General Assembly has decided to delay the implementation of the Illinois Financial Protection Act (IFPA), a move that has been met with criticism from various stakeholders.
The Government Accountability Office (GAO) has released a report highlighting the advantages of credit and debit card payments for government agencies.