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 ...

Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...

On August 6, the US District Court for the District of North Dakota, in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., vacated the entirety of Regulation II – the Federal Reserve Board’s ...

Businesses often overlook excessive credit card processing fees which can drain finances — stay alert for warning signals. Understanding and monitoring your discount rate, effective rate, interchange ...

With the fight over interchange showing no signs of abating, merchant groups look to legislation as the problem solver. The ongoing battle between merchants and card networks over interchange and ...

As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...

Two sets of bills in the Texas Legislature regulating credit card interchange fees have brought together an unlikely coalition of skeptics, including JPMorgan Chase CEO Jamie Dimon. Nam Y. Huh / AP ...

BISMARCK, N.D. - A federal judge in North Dakota has ruled that the Federal Reserve erred in 2011 when it set the long-standing cap on debit card "swipe" fees charged to retailers. U.S. District Judge ...

A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the ...

On 13 December 2024, the UK's Payment Services Regulator (PSR) published its Market review of UK-EEA consumer cross-border interchange fees final report (MR22/2.7) and Market review of UK-EEA consumer ...

Recently, NPCI has introduced credit card-related changes, which might mean an uptick in the charges on transacting through Rupay credit cards. This is because all variants of Rupay credit cards, ...