Electronic Payments Coalition
Recent News About Electronic Payments Coalition
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Analysis: Credit card regs opposed by VA bankers could lead to $227 billion loss in U.S. economic activity
Federal credit card regulations proposed in 2023 could lead to a loss of $227 billion loss in U.S. economic activity and 156,000 lost jobs, according to an analysis conducted for the Electronic Payments Coalition (EPC) by Oxford Economics Research (OER).
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Payments Group ‘applauds Congress for repudiating the experimental, draconian’ credit card regs opposed by Virginia bankers
The Electronic Payments Coalition (EPC) said this week that it "applauds Congress" for ending the 118th Congress' legislative session without passing the "Credit Card Competition Act of 2023" (CCCA), a bill that is opposed by the Virginia Bankers Association (VBA).