The president’s recent demand that credit card companies reduce their interest rates to ten percent for 2026, as well as his ...
President Donald Trump’s push for a one-year 10% cap on credit card interest rates is generating headaches for banks, but his decision to back a long-gestating bill targeting fees paid by retailers on ...
A consumer advocate in the UK has filed a lawsuit arguing that Apple Pay's take of standard interchange fees that the bank ...
Banks and credit card companies are lobbying to convince the central bank to strike a compromise on plans to cut bank ...
The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...
There are four well-established national credit networks— American Express, Discover, Mastercard, and Visa. Additionally, ...
Credit card rewards have long felt like free money, a way to shave a little off the grocery bill or fund a vacation just by ...
Revolut, Visa and Mastercard have lost a legal battle in the UK over a proposed regulatory cap on fees from international ...
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 ...
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 ...
Interchange fees are the fees banks receive from retailers each time a card transaction is processed. The RBA estimates the ...
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 ...