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There’s a Push to Ban Junk Fees. Does It Affect Credit Card Surcharging?

Stax

In recent years, market adoption of credit card surcharging—a practice by which merchants pass on the transaction fee for accepting a credit card to the cardholder—has increased dramatically. In 2024 alone, more than a dozen state legislatures introduced bills related to surcharging and consumer fees generally.

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BofA to reissue 4 million cards in rapid contactless push

Payments Source

While major card issuers such as Chase and Wells Fargo roll out NFC-enabled credit and debit cards incrementally, Bank of America is taking much more aggressive approach.

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How open banking can transform the U.S. payments market

Payments Source

banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.

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Should Your Business Go Cashless?

Cardfellow

While it didn’t lead to the elimination of cash, it’s nonetheless more common to see consumers pull out a card than cash in many parts of the country If you run a business, it’s almost inevitable that much of your sales are made using a method other than cash. The answer is “it depends.” Is it legal to refuse to accept cash?

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Pennsylvania may ban interchange fees on sales tax

Payments Dive

Democrats in the Keystone state’s House of Representatives are pushing a bill that would prohibit interchange fees from applying to sales tax when consumers make credit or debit card payments.

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Alternative Payment Adoption Continues to Rise Across Emerging Markets, Reveals EBANX

The Fintech Times

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies, according to new data revealed by EBANX , the global payment service provider (PSP). These digital solutions have pushed traditional payment methods to evolve and adapt to meet modern consumer expectations.”

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Wells Fargo Launches Contactless Credit, Debit Cards

PYMNTS

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.