The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but opposed by credit unions ...
WILSHIRE BLVD. — Shopping for new shoes or groceries for tonight’s dinner? What about a birthday gift for a friend? It’s easy — just pull out the plastic. But what shoppers might not realize is that ...
A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...
The Federal Deposit Insurance Corporation last month announced three orders against Discover Bank, Greenwood and its parent that resulted in a nearly $1.4 billion settlement. The bulk of that amount ...
Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...
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 ...
Consumers are increasingly paying more at the register as credit card processing fees are passed along to customers — a trend that is now extending to utility b ...
Banks are sounding the alarm about President Donald Trump's call for a 10% cap on credit card rates, though merchant groups are applauding another move from the President that could tighten card ...
Your Credit Card Might Not Work at Walmart or Target Anymore ...
The Pennsylvania House Finance Committee moved legislation forward on Wednesday that would prevent credit card companies from ...
Credit card surcharging is on the rise. Imposing a surcharge in a compliant manner is more than adding a fee at the point of sale. Below we review on a high level the legal and commercial ...
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