Originally Posted by
mikeyfly
Why no impact? If huge corporations stop using AMEX or demand they reduce their processing fees or they will cease to use them, AMEX may well reduce it's rewards.
That is not what this change is about, the charges merchants pay have already been dealt with. The vast majority of large corporations do not surcharge for using credit cards, this legislation will prevent those few that do from doing so.
Last edited by Tobias-UK; Jul 19, 2017 at 6:38 am