interchange

From Way Too High: Call it what you want, but the attempt by Citigroup Inc. to restructure it's credit card business could be nothing more than a scheme to protect the bank from its multi-billion dollar merchant interchange credit card liability.

VPR has a new interview on how more needs to be done to bring more accountability and transparency for the credit card industry.

Fees such as these and interchange are getting a closer look from Congress, but more still needs to be done.