From transaction to transaction, it is impossible for merchants accepting major credit cards to know with certainty what ...

The travel industry and card providers offer mixed views on the Reserve Bank decision to ban surcharges on debit and credit ...

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

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

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

From October, there’ll be no nasty surprise charges when you pay by card. But some shoppers may have to pay more than they do ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Aug 18, 2025, 11:02am EDT Aug 18, 2025, 02:06pm EDT JP Morgan ...

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 ...

The U.S. Court of Appeals upheld the Federal Reserve’s current rules for debit card interchange fees that require banks to charge retailers a limit of 21 cents for every transaction. The ruling ...

It’s practically impossible to do business in-person or online these days without accepting credit cards. In order to best serve your clients and grow your business, you'll need a credit card ...