Third time's a charm? Visa and Mastercard said they've reached a credit card swipe-fee deal (again) with merchants. Would it save consumers money?

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 ...

Retailers said the costs are too high for them to absorb and must be passed on to consumers in the form of higher prices. According to the Merchants Payments Coalition, swipe fees for Visa and ...

Illinois becomes the first state to restrict debit and credit card interchange fees on taxes and tips. The Interchange Fee Prohibition Act prevents businesses from paying fees on the tax and tip ...

Interchange fees, or “swipe fees,” are a small part of every credit or debit card transaction, but they serve a big purpose. They help fund the systems that guarantee that your credit card can be ...

LONDON, June 27 (Reuters) - Global payments processors Visa (V.N), opens new tab and Mastercard's (MA.N), opens new tab default multilateral interchange fees which are charged to retailers infringe ...

Illinois legislators voted to delay for one year a ban on certain credit card fees that was set to take effect July 1 amid a legal challenge by banks. A measure passed by legislators and signed into ...

On August 6, the US District Court for the District of North Dakota, in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., vacated the entirety of Regulation II – the Federal Reserve Board’s ...

BISMARCK, N.D. - A federal judge in North Dakota has ruled that the Federal Reserve erred in 2011 when it set the long-standing cap on debit card "swipe" fees charged to retailers. U.S. District Judge ...

A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the ...

Two sets of bills in the Texas Legislature regulating credit card interchange fees have brought together an unlikely coalition of skeptics, including JPMorgan Chase CEO Jamie Dimon. Nam Y. Huh / AP ...