CFPB Report Highlights Junk Fees Charged by School Lunch Payment Platforms
July 25, 2024
July 25, 2024
WASHINGTON, July 25 -- The Consumer Financial Protection Bureau issued the following news release:
The Consumer Financial Protection Bureau (CFPB) today released a report on payment processing companies that help school districts process children's school lunch payments. These private companies process payments made by parents who may have limited or zero payment alternatives. With a captive customer base, these companies can have broad control over fees assessed for each transactio . . .
The Consumer Financial Protection Bureau (CFPB) today released a report on payment processing companies that help school districts process children's school lunch payments. These private companies process payments made by parents who may have limited or zero payment alternatives. With a captive customer base, these companies can have broad control over fees assessed for each transactio . . .