{"id":10491,"date":"2023-11-18T17:26:07","date_gmt":"2023-11-18T17:26:07","guid":{"rendered":"https:\/\/connectwithfund.com\/finance\/3-ways-the-credit-card-competition-act-could-affect-consumers\/"},"modified":"2023-11-18T17:26:07","modified_gmt":"2023-11-18T17:26:07","slug":"3-ways-the-credit-card-competition-act-could-affect-consumers","status":"publish","type":"post","link":"https:\/\/connectwithfund.com\/?p=10491","title":{"rendered":"3 ways the Credit Card Competition Act could affect consumers"},"content":{"rendered":"
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This is reprinted by permission from .\u00a0<\/p>\n

The\u00a0Credit Cards Competition Act of 2023\u00a0is pitting retailers against banks. Proponents say it\u2019ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents say that not only are merchants likely to keep those savings to themselves, but credit card companies also may end up slashing the rewards they offer to make up for the revenue they\u2019ll lose.<\/p>\n

For…\n <\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This is reprinted by permission from .\u00a0 The\u00a0Credit Cards Competition Act of 2023\u00a0is pitting retailers against banks. Proponents say it\u2019ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents say that not only are merchants likely to keep those savings to themselves, but credit card companies also may end up slashing the rewards they offer to make up for the revenue they\u2019ll lose. For… Read the full article here<\/p>\n","protected":false},"author":1,"featured_media":10492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-10491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n3 ways the Credit Card Competition Act could affect consumers | ConnectWithFund<\/title>\n<meta name=\"description\" content=\"This is reprinted by permission from .\u00a0 The\u00a0Credit Cards Competition Act of 2023\u00a0is pitting retailers against banks. 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