Overview
Settlement approval supports power shift in merchants’ favor
The settlement has been approved, but the debate over interchange pricing is anything but a settled matter. Merchants have won the right to surcharge credit card transactions. However, the exact benefit remains to be seen, and implementation could prove difficult.
Book a Meeting with the Author
Related content
Regulatory Issues in Credit Cards: Preparing for the World of AI
From constitutional preemption to modern AI, the forces shaping credit cards are more complex and consequential than ever. Federal dominance, limited state influence, and evolving ...
Rewiring the Credit Card Value Proposition: From Best Card to Best Relationship
High credit card interest rates are reshaping the economics of the industry, putting pressure on consumers while increasing risks of delinquencies and losses. Widening spreads, shi...
Klarna Gets Its Wrist Slapped Again: BNPL Brings Volume, but Not Credit Quality or Profits
Klarna’s buy-now, pay-later model is colliding with global regulation. A Netherlands court has invalidated consumer debts, ruling BNPL creates credit obligations—despite zero inter...
Make informed decisions in a digital financial world