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 ...
Credit and debit card swipe fees have risen 70% since the pandemic and reached a record $187.2 billion in 2024 ...
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 ...
Two Tennessee-based restaurant businesses have filed a potential class action against a major credit card payment processor and an affiliated marketer, claiming that the companies conspired to tack ...
A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...
Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...
Visa (V) and Mastercard (MA) are close to a settlement that could resolve a two-decade legal battle with U.S. merchants by reducing credit-card fees and loosening restrictions on which cards stores ...
Visa and Mastercard announced a settlement deal Monday in a decades-long legal battle over merchant fees on card transactions. The deal would lower the merchant fees associated with card transactions ...
"Every time a customer visits one of my resorts and pays for the experience with a credit card, I’m on the hook to pay an ...
Learn what dormancy fees are, their impact on bank, gift, and prepaid cards, and how to avoid them. Understand essential ...
PayPal functions as a digital wallet with higher transaction fees than merchant accounts but offers simpler setup with no ...
Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act.