WASHINGTON, D.C. — Passage of the Credit Card Competition Act (CCCA) is gaining momentum.

The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly.

WASHINGTON Today, U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Roger Marshall, M.D. (R-KS) reintroduced the Credit Card Competition

FMI enthusiastically endorses the reintroduction of the Credit Card Competition Act and praises Sens. Marshall and Durbin and Reps. Gooden and Lofgren for their steadfast leadership in bringing credit card swipe fee reform to the broken market that has long disadvantaged U.

Leading grocery trade groups are voicing unified support for the Credit Card Competition Act following its reintroduction in Congress.

BRISTOL, Tenn. - Shoppers beware: if you choose to swipe your credit card, it could cost you more money. Two major credit card companies are now allowing businesses to charge an additional fee on-top of your purchase price. It's being called a swipe fee or ...

A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the state’s dynamic small business community. Lawmakers in ...