As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not ...

The National Retail Federation this week asked the Federal Reserve to lower the five-year-old cap on debit-card swipe fees, saying it was higher than Congress intended. “In most cases, 24 cents per ...

Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Could the next swipe at the checkout counter feel very different? Visa and Mastercard are edging toward a settlement with U.S. merchants that could rewrite some of the most entrenched rules in the ...

A federal judge on Tuesday rejected a $30 billion antitrust settlement under which Visa and Mastercard agreed to limit fees they charge merchants that accept their credit and debit cards. U.S.

With swipe fees costing consumers an extra $1,200 annually, Visa and Mastercard's proposed settlement offers little hope for ...

During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...

Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household budgets, according to industry experts. When a credit or debit card is used, banks ...

As the proud owner of Roadside Blooms, a North Charleston boutique, I’ve seen how small businesses breathe life into local communities and foster economic opportunity. Sen. Lindsey Graham will soon ...

It is a trend that is growing statewide and KHON2 spoke to some retail and business experts to discuss what it means for customers. Hawaii residents have come to expect about a 3% extra charge at ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The American consumer is once ...