Credit Cards

Credit Cards
Why the Credit Card Competition Act Won’t Lower Merchant Interchange Fees
March 11, 2024

In 1955, the island nation of Borneo was in the throes of a serious malaria virus outbreak. It turned to The World Health Organization for help. WHO recommended spraying massive amounts of DDT across the island to kill the mosquitos that carried the disease. Borneo...

Credit Cards
Will Credit Access Get Caught in CFPB Late Fee Cap Crossfire?
March 07, 2024

The Consumer Financial Protection Bureau finalized a rule this week slashing what it labeled “excessive credit card late fees,” reducing the penalty card issuers can charge from the typical $32 to $8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Credit Cards
Wells Fargo Courts Frequent Travelers With New Autograph Card
March 06, 2024

Wells Fargo has added a card to its Autograph suite to woo frequent travelers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Credit Cards
PayJunction Adds Credit Card Surcharge Capabilities to Payment Acceptance Tool
March 05, 2024

PayJunction added credit card surcharge capabilities to its No-code Payments Integration platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Credit Cards
Congresswoman Waters, Senator Hawley Oppose Capital One-Discover Deal
February 21, 2024

Democrat Congresswoman Maxine Waters has called on banking regulators to block the $35.3 billion planned acquisition of Discover Financial by Capital One Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Credit Cards
85% of Consumers Without Paycheck Pressures Choose Credit Cards for Their Security Features
February 20, 2024

About 62% of consumers in the United States live paycheck to paycheck, often face difficulties paying their monthly bills, and rely on credit cards to manage their cash flows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Credit Cards
CFPB Takes Aim at Consumer Credit Card Rates 
February 16, 2024

The Consumer Financial Protection Bureau (CFPB) aims to boost competition in the credit card industry to deliver lower rates to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Credit Cards
Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
February 14, 2024

Visa and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country’s financial market regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Credit Cards
Will NY’s New Limits Herald the End of Credit Card Surcharges?
February 12, 2024

State by state, limit by limit, the age of credit card surcharges may be drawing to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...