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Ready, steady, slow: Ukraine’s bid for Kherson

Economist Podcasts

CHAPTER

The Cost of Convenience: Credit Card Implications

This chapter examines the rise of credit and debit card usage in the U.S. and the impact of high interchange fees on consumers and merchants, particularly those from lower-income backgrounds. It also discusses recent legislative efforts, including the Credit Card Competition Act, aimed at enhancing competition and reducing costs in payment processing.

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