Birdwatch Archive

Birdwatch Note

2024-07-25 00:56:08 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Ad is against the Credit Card Competition Act, which would require bank card issuers ensure at least 1 card network other than Visa or Mastercard is available to merchants. It is from the Electronic Payments Coalition, which opposes it because it would increase competition. https://www.nerdwallet.com/article/credit-cards/what-to-expect-if-the-credit-card-competition-act-passes https://www.durbin.senate.gov/imo/media/doc/The%20Credit%20Card%20Competition%20Act%20of%202023%20-%20one-pager.pdf

Written by B2A6B8B542D6A25A4414D8DDC2C335575C481101F76664197F0582F0468B42F3
Participant Details

All Information

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• noteId - 1816276212337037749
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• noteAuthorParticipantId - B2A6B8B542D6A25A4414D8DDC2C335575C481101F76664197F0582F0468B42F3 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
• harmful -
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• summary
• Ad is against the Credit Card Competition Act, which would require bank card issuers ensure at least 1 card network other than Visa or Mastercard is available to merchants. It is from the Electronic Payments Coalition, which opposes it because it would increase competition. https://www.nerdwallet.com/article/credit-cards/what-to-expect-if-the-credit-card-competition-act-passes https://www.durbin.senate.gov/imo/media/doc/The%20Credit%20Card%20Competition%20Act%20of%202023%20-%20one-pager.pdf