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 ...

A Colorado bill aimed at changing how credit and debit card fees are calculated has become one of the most closely watched ...

Credit card processing fees are essential charges for card payments. Explore the types, rates, and tips to manage these costs effectively. While we’re not completely cashless yet—I still pay for my ...

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 ...

Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...

"Credit cards may not work for sales tax or tips starting July 1." By now, you've heard that claim, but whether it's true depends on who you ask. The ads — funded by the Electronic Payments Coalition ...

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 ...

A group of states are pursuing similar efforts to cap credit card interchange fees, endangering rewards programs that customers value, and raising concerns about an illegal interstate compact, writes ...

Earlier this week, the Northern District of Illinois upheld a prohibition on the collection of debit and credit card interchange fees for sales taxes, excise taxes and gratuities if the merchant ...

Banks and credit card issuers got a legal boost from the Office of the Comptroller of the Currency and ten former officials in a high-stakes legal battle against the state of Illinois over a law that ...