In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...

A consumer advocate in the UK has filed a lawsuit arguing that Apple Pay's take of standard interchange fees that the bank ...

The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...

A bipartisan bill, the Credit Card Competition Act, has been reintroduced to force large banks to offer alternative payment ...

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

On June 1, the Illinois General Assembly passed a bill that, if enacted, will delay the effective date of the Interchange Fee Prohibition Act by one year, from July 1, 2025, to July 1, 2026. The law ...

A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...

NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.

The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...

Retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning ...

As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...

LONDON, Jan 15 (Reuters) - Mastercard, Visa and British fintech Revolut on Thursday lost a legal challenge to Britain's ...