Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act.
A U.S. District Court Judge based in Chicago’s Northern District validated the key elements of a new law passed by Illinois ...
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 ...
Merchant groups late Friday filed written complaints regarding the latest settlement offer in their two-decades old lawsuit against Visa Inc. and Mastercard Inc. challenging card swipe fees. The ...
Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...
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 ...
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