Banks and credit unions united Wednesday to squash a bill that would have limited credit-card transaction fees they can impose on Colorado businesses. State Reps. Jon Becker, R-Fort Morgan, and Alec Garnett, D-Denver, had put forward the idea that the Legislature become the first in the country to prohibit financial institutions from charging transaction fees on the portion of electronic payment transactions that cover local taxes. When they received an avalanche of opposition from banks, credit…

BING NEWS:
  • 3 Credit Card Mistakes I've Made and How Much They Cost Me
    It hasn't all been smooth sailing, though. I've made credit card mistakes here and there that have cost me money. It's always good to learn from other people's mistakes instead of your own, so without ...
    04/27/2024 - 10:00 am | View Link
  • Credit limit, billing cycle and 10 other important credit card terms you must know
    To effectively manage your credit card ... the type of transaction. For instance, the interest rate for paying in installments (EMI) is typically lower than for extending payment. Rates also vary for ...
    04/18/2024 - 10:47 pm | View Link
  • Senate bill aims to lower credit card fees, but travel groups warn of unintended consequences
    While it would make sense for travel businesses to support a reduction in swipe fees, credit card rewards programs could take a hit, which cardholders and airlines oppose.
    04/18/2024 - 4:59 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News