Earlier this month, Visa reached a proposed settlement with U.S. merchants to reduce credit interchange fees by 0.1 percentage point over five years and offer merchants greater flexibility in ...

If a rushed provision contained within the Illinois General Assembly’s revenue bill actually comes to implementation, Illinoisans might find themselves paying at the pump with their credit card and ...

Illinois has become the first state to enact restrictions on credit and debit card interchange fees – commonly known as swipe fees – linked to taxes and gratuities. The Interchange Fee Prohibition Act ...

Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still subject to ...