Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Every time a customer at a convenience store pays with a credit card, the store is forced to pay a fee. In 2024, major credit card networks like Visa and Mastercard swiped $148 billion from businesses ...

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 ...

The risk of swiping your credit card still remains high. Stay vigilant in protecting your information if you use your card at any of these places.

Premium credit card users and small merchants could soon feel the effect of a decades-long battle over swipe fees. A newly proposed settlement between Visa and Mastercard could reshape how much ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough. Visa and Mastercard say ...

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 ...

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 ...