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  2. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

  3. Will CFPB’s $8 cap on credit card late fees encourage late ...

    www.aol.com/finance/cfpb-8-cap-credit-card...

    The CFPB said that, in 2022, late fees accounted for more than 10 percent of the $130 billion issuers charged customers on credit card interest payments and fees. As a result, the agency expects ...

  4. Biden administration slashes credit card late fees to $8 ...

    www.aol.com/finance/biden-administration-slashes...

    The Consumer Financial Protection Bureau finalized a rule limiting credit card late fees to $8. The move could save 45 million people an average $220 per year on late fees.

  5. Durbin amendment - Wikipedia

    en.wikipedia.org/wiki/Durbin_amendment

    The Durbin amendment, implemented by Regulation II, [ 1] is a provision of United States federal law, 15 U.S.C. § 1693o-2, that requires the Federal Reserve to limit fees charged to retailers for debit card processing. It was passed as part of the Dodd–Frank financial reform legislation in 2010, as a last-minute addition by Dick Durbin, a ...

  6. Credit CARD Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

    The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...

  7. Lower Mastercard and Visa Swipe Fees Are Coming - AOL

    www.aol.com/finance/lower-mastercard-visa-swipe...

    Currently, swipe fees average about 2% per transaction and are only lowered by “at least 0.04 percentage points.”. This means on a $100 sale, the $2 fee will be reduced to a maximum of $1.96 ...

  8. iPad - Wikipedia

    en.wikipedia.org/wiki/IPad

    iPad iPad Pro (6th generation) Developer Apple Manufacturer Foxconn (on contract) Pegatron Type Tablet computer Release date April 3, 2010 ; 14 years ago (April 3, 2010) (1st generation) Units sold 677.7 million as of 2022 Operating system iOS (2010–2019) iPadOS (2019–present) Connectivity WiFi, cellular, 30-pin dock connector, Lightning connector, USB-C, 3.5mm headphone jack, 3-pin "Smart ...

  9. Biden is adjusting to a new reality, coming to terms with his ...

    www.aol.com/news/biden-adjusting-reality-coming...

    It was President Joe Biden's first public appearance since he dropped out of the race, and the applause for him from the crowded auditorium in Austin, Texas, just kept going. The ovation on Monday ...

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