The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...
Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...
NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.
President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...
The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...
The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...
Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...
Credit card fraud has become a constant and pervasive threat, and debit cards aren't immune to being stolen either. The Federal Trade Commission reported 66,090 instances of credit card fraud in 2020.