The president’s recent demand that credit card companies reduce their interest rates to ten percent for 2026, as well as his ...
Credit card rewards have long felt like free money, a way to shave a little off the grocery bill or fund a vacation just by ...
In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...
The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...
Banks and credit card companies are lobbying to convince the central bank to strike a compromise on plans to cut bank ...
A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...
The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe fees. President Donald Trump followed up his call late last week to cap ...
I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
A consumer advocate in the UK has filed a lawsuit arguing that Apple Pay's take of standard interchange fees that the bank ...
On June 1, the Illinois General Assembly passed a bill that, if enacted, will delay the effective date of the Interchange Fee Prohibition Act by one year, from July 1, 2025, to July 1, 2026. The law ...
As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...
Retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning ...