Lawmakers plan to re-up proposed legislation that would give merchants the power to process many Visa and Mastercard credit cards over different networks
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https://www.wsj.com/articles/lawmakers-try-again-to-curb-visa-mastercard-fees-with-broader-support-64ab3804Sens. Peter Welch and J.D. Vance as well as two additional House Republicans are expected to sign onThe cost to process a credit card transaction has gone up and many businesses are passing that on to the consumer. WSJ explains the hidden fees behind using your card, and what Congress is trying to do about them.
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