Credit card late fees capped at $8 under Biden crackdown on 'junk fees' - eviltoast
  • BeautifulMind ♾️@lemmy.world
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    9 months ago

    While they’re at it, why not cap processing fees as junk fees? It for sure doesn’t cost 2.9% of your grocery bill to facilitate the payment- it’s all automated and there’s little to no labor involved in the actual processing, it’s just collecting economic rent