Fees charged to merchants to process transactions rose 5.9% in one year. The 2025 swipe fee total was up 5.9% from $187.2 billion in 2024, according to the Nilson Report trade publication. This was ...

Multiple associations argue there is no need to wait for court action or for new data. The letter said two recent court rulings "already provide sufficient clarity to move forward." In both the Corner ...

The National Credit Union Administration Tuesday submitted a rule to the Office of Management and Budget stating that federal ...

The judge ordered the parties to confer and respond to the ruling by June 28 New York: A US judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit ...

(Reuters) -A U.S. judge has vacated the Federal Reserve’s “swipe fees” regulation that capped the amount banks charge merchants for processing debit transactions, in a ruling favoring retailers that ...

No one should be swayed by the scare tactics and legal challenges against Illinois’ credit card swipe fee restrictions.

You may have seen advertisements warning of “credit card chaos” coming to Illinois this summer, but the reality is much more ...

Banks Are Collecting Millions Daily in Swipe Fees as Gas Prices Climb, Report Says ...

A federal agency ruled that Illinois cannot limit credit card swipe fees for federally chartered banks. The Illinois law sought to prohibit swipe fees on the tax and tip portions of transactions. The ...

Sauce Boss owner Sheri Tolomeo can’t afford to pay extra swipe fees tacked on by companies every time customers pay with credit cards. Anyone who uses credit cards at her Harrisburg pizza shop pays a ...

Federal order is the latest development in a nearly two-year fight between banks and retailers over an Illinois law that bans so-called swipe fees on the tax and tip portions of customers’ bills.

In a recent opinion piece for the Taunton Daily Gazette, the author made the claim that consumers in Massachusetts “don’t need to be concerned with credit card ‘swipe fees.’” However, this could not ...