Blog Detail
WayTooHigh.com - The Credit Card Interchange Report
http://waytoohigh.wordpress.com/
This site features the most comprehensive international breaking news, daily updates and commentaries on the history of merchant interchange fees. The goal in representing millions of merchants and cardholders is to reform an antiquated, costly and unfair payment system and explain why the nearly $40 billion annual merchant interchange fee is a hidden tax on consumers and retailers
- Added on: Nov 20th, 2007
- Country: United States
- Language: English
Recent Posts
FightSwipeFees.com Credit Card Interchange Background
A swipe fee is a fee collected from retailers by the credit card companies and their member banks every time a credit or debit card is used to pay for a purchase. This fee is also known as “interchange.” This fee varies with type of card...
Be Part of the Biggest Consumer Petition Drive in American History
via NACS Press Release NACS launches phase two of a consumer petition campaign to tell Congress, ‘’Stop unfair credit card fees.’ ALEXANDRIA, VA – More than 8,000 retail stores have signed up as part of the biggest consumer petition d...
Visa, MasterCard Interchange Definitions
Want to know everything about Interchange? The below glossory of terms were extracted from the May 23, 2008 second consolidated amended class action complaint re Payment Card Interchange Fee and Merchant-Discount Antitrust Litigation, filed in the U....
PBS Frontline: The Card Game
Complete info on the PBS Frontline segment called: The Card Game” Click here to watch “As credit card companies face rising public anger, new regulation from Washington and staggering new rates of default and bankruptcy, FRONTLINE corresp...
Banking, credit card cartel so intoxicated by greed that their advocacy lobbyists just issued this…
Electronic Payments Coalition, the group funded by Visa Inc., MasterCard Worldwide and the major banks and credit card issuers (payment card networks and financial services companies) just issued this press release. Click here. We disagree with it...
Prepaid, but Not Prepared for Debit Card Fees (NYT)
Andrew Martin at The New York Times wrote (p. 1 Oct 6th) about the latest credit card prepaid pricing tricks. Of extra interest is the photo showing several prepaid “debit” cards and all challenge the results of the earlier MasterCard ...
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Posted: September 1st, 2009 | Report This Comment