President Donald Trump’s push for a one-year 10% cap on credit card interest rates is generating headaches for banks, but his ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but ...

Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.

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

NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.

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

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 would cut down on credit card swipe fees for consumers and has the backing of President Trump ...

Ileana Garcia looks in her wallet for credit cards during a sermon about faith-based financial management at the Miami Vineyard Community Church on March 7, 2009, in Kendall, Florida. (Joe ...

The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...

— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...