It is also illegal to not disclose credit card fees before a customer orders.
The Federal Reserve on Friday issued a report detailing data on debit card transactions, including fees imposed on merchants by bank card issuers and card networks when consumers swipe the cards to ...
Capital One has quietly moved 25 million debit cards off Visa's network and onto Discover's payment rails — not primarily to improve card acceptance, but to escape a federal law that caps the fees ...
Credit card surcharges have become an everyday annoyance. More than an annoyance, really. It’s another example of consumers getting nickeled and dimed virtually all the time, all the way to the ...
A recent court ruling found that the Federal Reserve had grossly overstepped in its implementation of the Durbin Amendment. The resulting changes to interchange fees will dramatically shift the debit ...
On June 8, merchants won a long battle in Congress as the Senate voted to let the Federal Reserve curb fees for debit-card transactions made in stores. The action blocked the delay of Federal Reserve ...
The Australia surcharge ban began October 1, paired with lower interchange caps. US merchants winning surcharge rights should ...
Customers still prefer to pay with cards, but a week after a ban on payment surcharges, small businesses are looking at how ...
​American merchants paid $198.25 billion in credit and debit card swipe fees in 2025, up 5.9% from the year before. When an owner sees that line on a statement, the instinct is often the same: Pass it ...