Credit and debit card swipe fees have risen 70% since the pandemic and reached a record $187.2 billion in 2024 ...
Marylanders are no strangers to the strain brought on by stubbornly high expenses. Our state’s cost of living remains 13% higher than the national average, so it’s clear we need action from Congress ...
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 ...
As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...
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 ...
Passed in 2024 and set to take effect this July, the law bans certain so-called swipe fees on the tax and tip portions of customers’ bills, with a goal of lowering how much credit card companies ...
More than 60% of all purchases last year were made with a credit or debit card, according to the Federal Reserve. That’s up from 45% in 2016. That means big money for credit card companies, which made ...
Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...
A 20-year feud ends in a deal that could alter swipe fees and rewards programs. Money; Getty Images An accord reached in a 20-year feud between credit card issuers and stores could change the way you ...
The North Carolina legislature is preparing to address the state’s most pressing needs — from the high cost of living to education to healthcare. While these issue areas deserve attention, one in ...