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 ...

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 ...

Credit card processing fees hit a record $198.25B in 2025. See 2026 interchange rates by network, card type, and pricing ...

Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...

In October 2023, the Federal Reserve Board issued a proposal to lower the maximum interchange fee that a large debit card issuer can receive for a debit card transaction. The due date for comments on ...

Legislation to limit credit card interchange fees, also called “swipe” fees, is moving through Congress, cheering some consumer and retail groups and worrying others, who say they fear it would harm ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

Visa and Mastercard are about to reach a settlement with merchants to reduce interchange fees and allow stores to refuse certain credit cards, in a move to end a 20 year old legal dispute, according ...

The Federal Reserve Wednesday revised its Regulation II rule governing debit card interchange fees to lower the maximum amount banks could charge vendors for debit transactions. The Federal Reserve ...

In the last four years both Congress and the Biden Administration tried to limit the interchange fees associated with credit cards in the name of protecting consumers. However, recent research ...