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 ...

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(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 ...

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

“From a restaurant perspective, 30% of the revenue that comes in doesn’t stay,” Clark said. Twenty percent is for tips, 7% is ...

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

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 ...

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 ...

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 ...

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 ...

While inflation in the Beehive State has slowed over the last year, more than one-third of Utah small businesses still rank inflation as their No. 1 concern. Considering Utah saw more than 71,000 new ...

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 ...