Critique of a New Credit Card Bill

A sponsored content by the Electronic Payments Coalition criticizes a new credit card bill proposed by Sens. Dick Durbin and Roger Marshall, claiming it will benefit large corporations like Walmart and Target instead of small businesses. Various reports highlight that the bill may lead to increased costs for consumers and small businesses while benefiting mega-stores. The content urges Congress to consider the negative impacts on consumers and small businesses.

Impact of Congressional Bill on Small Businesses and Consumers

The Electronic Payments Coalition opposes a bill in Congress pushed by Senators Durbin and Marshall, claiming it would hurt small businesses and benefit large retailers. Studies show that the bill could lead to small businesses losing out on rewards while large retailers benefit financially. The bill is criticized for potentially increasing consumer data security risks.