Despite vigorous lobbying from the merchant community and their allies, the falsely named Credit Card Competition Act of 2022 was deeply unpopular legislation—among both Democrats and Republicans. This legislation would have hurt consumers by increasing costs, weakening payment security, harming small financial institutions, reducing access to credit for those who need it the most, and ending popular credit card rewards programs.
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EPC Q4 2022 Data Dashboard
Electronic Payments Coalition
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A Message to New Members of the 118th Congress: Electronic Payments Have Never Been More Valuable to America’s Economy
Electronic Payments Coalition
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Op-ed: The Credit Card Competition Act Will Harm Military Families
American Banker
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