Fees charged to merchants to process transactions rose 5.9% in one year. The 2025 swipe fee total was up 5.9% from $187.2 billion in 2024, according to the Nilson Report trade publication. This was ...

When there is a mismatch between a company's pricing model and their actual transaction profile, companies often pay the ...

Debit cards hold more power than people know. One swipe, one tap, one quick online checkout-and suddenly that bank account starts shrinking in ways that don't always make sense at first glance. Banks ...

The changes will come into effect in October after months of discussions with major banks, which are worried about a $660 ...

DETROIT — DTE Energy customers will soon have to pay a new card processing fee when paying their bills with a debit or credit card. Beginning on March 2, the Detroit-based utility company will ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, ...

Aimed at preventing excess fees, the RBA ban will effectively remove the surcharges associated with using your credit or ...

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...

Credit cards and debit cards look almost exactly alike but are actually quite different. Money you spend or withdraw using a debit card comes straight out of your bank account – you’re spending your ...

Bay Area transit staff are asking for an extra $500,000 to cover unexpected fees.