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 ...
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 ...
— -- 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 ...
This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...
The Durbin Amendment was enacted with the intention of knocking down interchange fees and easing the burden on consumers and merchants alike. Card networks are soaring through loopholes to maintain ...
More than 1,500 people signed a petition to prevent a $2.99 processing fee if they automatically pay their DTE bills with a ...