credit

Ted Dick writes, "This is a merger that prioritizes choice, empowers consumers, and invests in the community fabric, and I am confident it will bring positive, lasting change for all."

Dan Anderson writes "This merger presents a golden opportunity to inject much-needed competition into the credit card processing industry—a move that promises significant benefits for small businesses and consumers alike."

Currently credit card companies can charge as high as $41 — penalties that the CFPB’s director, Rohit Chopra, said are charged for “no purpose beyond padding the credit card companies’ profits.”