Third time's a charm? Visa and Mastercard said they've reached a credit card swipe-fee deal (again) with merchants. Would it save consumers money?
Both companies were sued by merchants over how they set and enforce credit-card swipe fees and rules that limit how merchants ...
WASHINGTON, D.C.- Senators on Capitol Hill grilled credit card executives Tuesday. The questioning focused on the swipe fees credit card companies charge merchants and its trickle down to consumers.
The Credit Card Competition Act is aimed at reducing credit card fees in an attempt to lower costs for businesses and customers. It's the holiday shopping season, which likely means more use of your ...
Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins and raise ...
Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.
This story originally appeared on Spotlight PA. A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate ...
Visa and Mastercard have proposed a settlement to lower credit card swipe fees for businesses. This agreement aims to reduce merchant costs on transactions for five years. Retailers may see ...