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 ...

— -- 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 ...

Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...

Suppressing alternative card networks, which connect a cardholder's bank to the merchant's bank when a purchase is made, has reduced competition in the market and "slowed innovation in the debit ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

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

DTE Energy will begin charging processing fees for customers who pay their energy bills using credit or debit cards. In an ...

Members of Nacogdoches City Council are considering passing on credit and debit card processing fees for water bill and other ...