The Electronic Payments Coalition

EPC educates policymakers, consumers & the media on the value, innovation, convenience, security & competition that exists in the electronic payments system.

[The Electronic Payments Coalition @EPC_Updates]

Trust in the payments system is built on security. Payment networks invest billions to protect consumers from fraud, yet the Durbin-Marshall Credit Card Mandates risk dismantling those critical protections.

“That’s why I am concerned... this proposed bill would force credit card transactions to be routed through different payment networks that may not have the security features or fraud protections we are used to and rely on.” @SenatorCollins @SenAngusKing

Read more from Robert Smyth in @centralmenews:
https://t.co/GGa5AISzt3

[The Electronic Payments Coalition @EPC_Updates]

A globally connected economy can’t run on a fractured payments system.

“If multiple states adopt varying interchange rules, national payment rails could fracture into a patchwork of compliance mandates requiring costly system overhauls by issuers, networks, processors and merchants.”

Read more from Michael Ogden’s article in @CU_Times:
https://t.co/brjjxFakv9

[The Electronic Payments Coalition @EPC_Updates]

Thank you, Governor Polis, for making the right call for Colorado by vetoing SB 26-134.

“Governor Polis made the prudent and responsible decision for Colorado. The Governor recognized that protecting consumers, small businesses, union jobs, and Colorado’s economy – especially in communities dependent on tourism – had to come first.” – Richard Hunt, EPC Executive Chairman

Read our full statement here:
https://t.co/aq9bBKPGoa

[The Electronic Payments Coalition @EPC_Updates]

Mandating price controls on the payments system won’t reduce costs —instead it’ll force new burdens onto small businesses and eliminate protections and perks for consumers. @AmericasCUs @CUInsight

https://t.co/KzmjZEOfFy

[The Electronic Payments Coalition @EPC_Updates]

@NBCNews Card processing has nothing to do with gas prices. Visa and Mastercard already cap interchange at gas stations, and many stations charge higher prices for credit purchases than for cash or debit. Consumers paying with credit are often already covering those costs directly.

[The Electronic Payments Coalition @EPC_Updates]

@NBCNews Consumers are choosing cards. Pew data shows Americans across all income levels have steadily moved away from cash and toward electronic payments over the last decade. Businesses are responding to consumer demand—not the other way around.

[The Electronic Payments Coalition @EPC_Updates]

@NBCNews Card processing has nothing to do with gas prices. Visa and Mastercard already cap interchange at gas stations, and many stations charge higher prices for credit purchases than for cash or debit. Consumers paying with credit are often already covering those costs directly.

[The Electronic Payments Coalition @EPC_Updates]

@NBCNews Consumers are choosing cards. Pew data shows Americans across all income levels have steadily moved away from cash and toward electronic payments over the last decade. Businesses are responding to consumer demand—not the other way around.