US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...
President Donald Trump's endorsement of the “Credit Card Competition Act” has brought fresh regulatory pressure back onto ...
The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...
WASHINGTON, D.C. — Passage of the Credit Card Competition Act (CCCA) is gaining momentum.
President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...
PHOENIX (AZFamily) — For years, credit card swipe fees have been criticized. As of Jan. 1, Visa raised two of the credit card swipe fees it charges banks and processing companies. With the new ...
Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins and raise ...
A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...
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Marylanders are no strangers to the strain brought on by stubbornly high expenses. Our state’s cost of living remains 13% higher than the national average, so it’s clear we need action from Congress ...
— -- 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 ...