September 19, 2022

The Fight Over Your Credit Card Swipe

by The Journal.

Background show artwork for The Journal.

Each time you use your credit card, businesses pay a fee. Merchants have pushed back for years, and there are now two bills in Congress aiming to limit those fees. WSJ’s AnnaMaria Andriotis explains why companies like Visa and Mastercard set fees in the first place, and what Congress hopes to do about it.

 

Further Reading:

- Walmart, Target Urge Lawmakers to Pass Bill Taking Aim at Visa, Mastercard Fees 


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