Electronic Payments Coalition
Recent News About Electronic Payments Coalition
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Managing Director of NERA on credit card competition act: ‘A decrease in credit card rewards is likely to be associated with a decrease in interchange fee revenue’
Alan Grant, Managing Director at NERA, said that a decrease in credit card rewards could correspond with a decline in interchange fee revenue, with variations in impact across different consumers.
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Electronic Payments Coalition chairman: ‘The Durbin-Marshall bill is a jobs killer’
Richard Hunt, Executive Chairman of the Electronic Payments Coalition, said that the Durbin-Marshall Credit Card bill would significantly harm the U.S. economy, risking hundreds of thousands of jobs and billions in losses.
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Analysis: Credit card regs opposed by MI bankers could lead to $227 billion loss in U.S. economic activity
Federal credit card regulations proposed in 2023 could lead to a loss of $227 billion in economic activity and 156,000 job losses, according to an analysis conducted for the Electronic Payments Coalition (EPC) by Oxford Economics Research (OER).