Committee adopts amendment capping convenience fees for optional electronic car‑loan payments A committee approved HB959 as amended to allow limited convenience fees on optional electronic retail‑installment payments, imposing a cap equal to the lesser of $10 or 3% and requiring a no‑fee ACH option; the amendment was adopted and the bill was reported favorably.

Florida's House Bill 959 aims to protect consumers by capping convenience fees for optional electronic car-loan payments, ensuring a no-fee ACH payment option remains available!

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Committee adopts amendment and advances bill clarifying electronic-payment convenience fees The committee adopted an amendment and reported favorably on SB 838, which clarifies that limited convenience fees for optional electronic payments on retail installment contracts are permissible if reasonable and disclosed; senators pressed for clearer 'reasonableness' guardrails.

Senate Bill 838 is set to clarify convenience fees for electronic payments on retail installment contracts, but are these fees really reasonable?

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UK payments regulator accuses Visa, Mastercard of excessive fees, restricting competition - Yes Punjab News The UK's Payment Systems Regulator (PSR) has accused Visa and Mastercard of charging excessive fees, restricting competition, and costing businesses £170M annually. Regulatory reforms, including poten...

UK payments regulator accuses Visa, Mastercard of excessive fees, restricting competition
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