First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting ...
The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...
In a case challenging the Federal Reserve's debit interchange fee rule, America's Credit Unions joined together with a group of financial trade organizations in support of the Federal Reserve in ...
A recent Vanderbilt study estimated that a 10% cap would save borrowers $100 billion a year in interest costs—money that ...
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 ...
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 ...
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 ...
If a rushed provision contained within the Illinois General Assembly’s revenue bill actually comes to implementation, Illinoisans might find themselves paying at the pump with their credit card and ...
Robert Day is the MP at weAudit.com and the author of The Great American Heist: How Credit Card Processors Steal Businesses' Profits. Some credit card processors employ a deceptive tactic known as ...
Visa's strong financial performance is overshadowed by potential disruptions to its revenue model due to global regulatory changes, particularly around interchange fees. Regulatory adjustments in the ...
With card acceptance becoming a near-necessity in vending due to declining cash usage, processing fees can put meaningful ...