topic The Credit Card Competition Act (CCCA) in Restaurant Operations

The Credit Card Competition Act (CCCA)

rickc — Wed, 14 Jun 2023 12:46:35 GMT

Congress introduced lifeline legislation for restaurants

Last week, Sens. Durbin (D-IL) and Marshall (R-KS), along with Reps. Gooden (R-TX) and Zoe Lofgren (D-CA), introduced the "Credit Card Competition Act (CCCA)," which would create competition in the marketplace by prohibiting credit card issuers from forcing restaurants to use the issuer’s processing network.

If this passes, How can we take advantage of these savings with Toast?

Re: The Credit Card Competition Act (CCCA)

Cinven — Thu, 15 Jun 2023 01:51:40 GMT

Following.....

Re: The Credit Card Competition Act (CCCA)

Rob — Wed, 21 Jun 2023 13:46:50 GMT

We are constantly monitoring the regulatory landscape and are tracking the re-introduction of the Credit Card Competition Act draft legislation. As the legislative process plays out, we will review our product offerings on an as-needed basis.