The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but opposed by credit unions ...
President Donald Trump’s push for a one-year 10% cap on credit card interest rates is generating headaches for banks, but his decision to back a long-gestating bill targeting fees paid by retailers on ...
Ileana Garcia looks in her wallet for credit cards during a sermon about faith-based financial management at the Miami Vineyard Community Church on March 7, 2009, in Kendall, Florida. (Joe ...
Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.
Prices continue to rise on everything from food to electricity, putting enormous strain on families who have sought relief ...
Credit card swipe fees are going up, costing businesses and could eventually cost all of us more money too. The fees are charged every time we swipe a credit card while shopping. Here's an example: ...
— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
Why do retailers accept credit cards and debit cards? It’s sad such a facile question requires asking, but at a time when fees associated with credit and debit usage are being demonized as “junk,” ...
New data indicates the fees charged by banks and card networks significantly exceeded the previously reported $172 billion. In its new "State of the Industry Report," CMSPI found that credit and debit ...
Pennsylvania lawmakers are considering legislation to prevent credit card companies from charging swipe fees on the sales tax portion of transactions ...
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