— -- 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 ...
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 ...
Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...
In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...
This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...
Shoppers who rely on plastic for their weekly runs at Walmart and Target are about to feel a new kind of sticker shock. A ...
More than 1,500 people signed a petition to prevent a $2.99 processing fee if they automatically pay their DTE bills with a ...
Specifically, the measure would provide that the fee a merchant is charged when he swipes a customer's debit card is "reasonable and proportional" but would exempt banks with less than $10 billion in ...
There is an easy way for consumers to help small businesses. When possible, consider using cash, a debit card or a direct ...