Consumers are increasingly paying more at the register as credit card processing fees are passed along to customers — a trend that is now extending to utility b ...
In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...
Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...
The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...
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 ...
When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...
Credit card surcharging is on the rise. Imposing a surcharge in a compliant manner is more than adding a fee at the point of sale. Below we review on a high level the legal and commercial ...
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 ...
More than 1,500 people signed a petition to prevent a $2.99 processing fee if they automatically pay their DTE bills with a ...
DTE Energy will begin charging processing fees for customers who pay their energy bills using credit or debit cards. In an email to customers this week, the utility announced that starting March 2, ...