Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...

As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...

In a recent opinion piece for the Taunton Daily Gazette, the author made the claim that consumers in Massachusetts “don’t need to be concerned with credit card ‘swipe fees.’” However, this could not ...

A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...

US retail trade groups have intensified their push for swipe fee legislation as costs tied to credit card processing continue to climb. the centre of the debate is the bipartisan Credit Card ...

President Donald Trump has endorsed U.S. Sen. Dick Durbin's plan to lower swipe fees, which are 2-to-4% fees charged to consumers for using a credit card. “Americans are struggling with everyday ...