Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still subject to ...

Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards. The most important part of ...

Illinois lawmakers are facing pressure to repeal a law that would ban financial institutions from charging fees on the tax ...

Passed in 2024 and set to take effect this July, the state law bans certain so-called swipe fees on the tax and tip portions ...

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 ...

The Credit Card Competition Act (CCCA) aims to reduce credit card swipe fees charged to small businesses. New Jersey small businesses paid over $3 billion in swipe fees in 2023, impacting consumers ...

Banks are sounding the alarm about President Donald Trump's call for a 10% cap on credit card rates, though merchant groups are applauding another move from the President that could tighten card ...