Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several years and cap "standard" consumer card rates at 1.25% for eight years. But ...

A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...

While many Americans worry about tariffs potentially boosting inflation, merchants continue to warn of a cost increase that's already certain: credit card swipe fees. Banks, card processors and ...

Visa and Mastercard have reached a proposed settlement in a long-running legal fight with merchants and retailers that could determine which credit cards stores accept and whether shoppers face ...

Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household budgets, according to industry experts. When a credit or debit card is used, banks ...

Today (November 10, 2025), credit card company Visa (NYSE:V) has issued a statement a potential legal settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The ...

We all know how convenient it is to swipe our credit cards for everyday purchases. In fact, as of 2022, 82% of U.S. adults had a credit card, making it the most common consumer lending product. In ...

The Credit Card Competition Act (CCCA) aims to reduce credit card swipe fees charged to small businesses. New Jersey small businesses paid over $3 billion in swipe fees in 2023, impacting consumers ...

Texas restaurants are asking customers to pay wth cash instead of credit card this Small Business Saturday. Here's why and ...

Your favorite rewards card may soon trigger checkout fees of up to 3%. Cash and debit could become your best money-saving ...

The Federal Deposit Insurance Corporation last month announced three orders against Discover Bank, Greenwood and its parent that resulted in a nearly $1.4 billion settlement. The bulk of that amount ...

A payment card surcharge or checkout fee is when a business passes the credit card processing cost (the interchange rate charged by card networks) to customers. It can’t be added to prepaid cards or ...