Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed into one of the most profitable financial systems on earth. The money does ...

US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.

Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins and raise ...

Kentucky's economic health relies heavily on the prosperity of its businesses, both big and small. But with prices continuing to rise, small businesses like mine that comprise more than 99% of ...

PHOENIX (AZFamily) — For years, credit card swipe fees have been criticized. As of Jan. 1, Visa raised two of the credit card swipe fees it charges banks and processing companies. With the new ...

President Donald Trump's endorsement of the “Credit Card Competition Act” has brought fresh regulatory pressure back onto payment networks. On Jan. 12, Trump urged lawmakers to back the bipartisan ...

A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...

New data indicates the fees charged by banks and card networks significantly exceeded the previously reported $172 billion. In its new "State of the Industry Report," CMSPI found that credit and debit ...

Marylanders are no strangers to the strain brought on by stubbornly high expenses. Our state’s cost of living remains 13% higher than the national average, so it’s clear we need action from Congress ...

— -- 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 ...