— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...

Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

Another 1:1 comparison is the United MileagePlus Debit Rewards Card and the United℠ Explorer Card. Each has an annual or monthly fee, but both have options to waive. And while the United credit card ...

The Durbin Amendment was enacted with the intention of knocking down interchange fees and easing the burden on consumers and merchants alike. Card networks are soaring through loopholes to maintain ...

In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...

Differentiate between a checking account and a debit card. Learn how each works, their pros and cons, and when you need them for money management.

What is a prepaid debit card and how does it work? Prepaid debit cards open up a world of options, allowing you to buy things online, pay bills through web portals, and budget more effectively for ...

Bank of America Corp. is nixing its plans to charge a $5 monthly debit card fee. The bank said Tuesday that the decision to scrap the plan came after listening to customer feedback in recent weeks.

Photo illustration of a Visa credit card and Mastercard debit cards. (Karol Serewis/USA TODAY Network) You grab a quick snack at the corner store or pay a bill online, only to see an extra charge ...