The card networks rejected retailers’ objections to a proposed court settlement and suggested plaintiffs are too optimistic ...

The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...

Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.

Leading grocery trade groups are voicing unified support for the Credit Card Competition Act following its reintroduction in ...

A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...

The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...

With card acceptance becoming a near-necessity in vending due to declining cash usage, processing fees can put meaningful ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers ...

We all know how convenient it is to swipe our credit cards for everyday purchases. In fact, as of 2022, 82% of U.S. adults had a credit card, making it the most common consumer lending product. In ...

When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...

PayPal functions as a digital wallet with higher transaction fees than merchant accounts but offers simpler setup with no ...