The Credit Card Competition Act of 2022 episode artwork

EPISODE · Oct 14, 2022 · 45 MIN

The Credit Card Competition Act of 2022

from Merchant Sales Podcast · host Merchant Sales Podcast

While the recent attempt by Senator Durbin to attach this regulation as an amendment to a defense spending bill has failed, he still seems determined to further regulated Visa and Mastercard by requiring the creation of competitive networks and giving them a fighting chance. What does this mean for our industry? This is our topic on the Merchant Sales Podcast today. James Shepherd starts out the episode with a quick tutorial on Interchange, Issuing Banks and Acquiring banks and then he is joined by attorney James Huber to discuss how the Credit Card Competition act seeks to disrupt the payments ecosystem.

While the recent attempt by Senator Durbin to attach this regulation as an amendment to a defense spending bill has failed, he still seems determined to further regulated Visa and Mastercard by requiring the creation of competitive networks and giving them a fighting chance. What does this mean for our industry? This is our topic on the Merchant Sales Podcast today. James Shepherd starts out the episode with a quick tutorial on Interchange, Issuing Banks and Acquiring banks and then he is joined by attorney James Huber to discuss how the Credit Card Competition act seeks to disrupt the payments ecosystem.

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The Credit Card Competition Act of 2022

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This episode is 45 minutes long.

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This episode was published on October 14, 2022.

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While the recent attempt by Senator Durbin to attach this regulation as an amendment to a defense spending bill has failed, he still seems determined to further regulated Visa and Mastercard by requiring the creation of competitive networks and...

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