Eleven banking and credit union groups sent a joint letter to members of Congress, urging the lawmakers to reject the Credit Card Competition Act (CCCA) and any expansion of the Durbin amendment. “The payment card system is convenient, secure and essential to the American economy,” the groups said in a Thursday (Jan. 22) press release. [...]The post Banking and Credit Union Groups Call for Opposition to Credit Card Competition Act appeared first on PYMNTS.com.
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