The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...

Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

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 ...

Today (November 10, 2025), credit card company Visa (NYSE:V) has issued a statement a potential legal settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The ...

President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...

The Credit Card Competition Act (CCCA) aims to reduce credit card swipe fees charged to small businesses. New Jersey small businesses paid over $3 billion in swipe fees in 2023, impacting consumers ...

(CNN) — Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still ...

The Federal Deposit Insurance Corporation last month announced three orders against Discover Bank, Greenwood and its parent that resulted in a nearly $1.4 billion settlement. The bulk of that amount ...

Credit card surcharging is on the rise. Imposing a surcharge in a compliant manner is more than adding a fee at the point of sale. Below we review on a high level the legal and commercial ...

Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.

Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers and local merchants. | Opinion ...