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 ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but opposed by credit unions ...

The recent overall drop in credit scores has been attributed to higher rates of utilization and delinquency, including the resumption of reporting student loan delinquencies. The recent overall drop ...

More than 60% of all purchases last year were made with a credit or debit card, according to the Federal Reserve. That’s up from 45% in 2016. That means big money for credit card companies, which made ...

Shoppers who rely on plastic for their weekly runs at Walmart and Target are about to feel a new kind of sticker shock. A long running fight over credit card "swipe fees" is reaching a turning point, ...

Grocers pay a lower rate than other businesses and they tend to have more recurring customers, making them less likely to implement credit card surcharges. The convenience of swiping your credit card ...

Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...

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AI-generated summary reviewed by our newsroom. Read our AI Policy. House bill proposes 2% cap on credit card fees charged by businesses statewide. New policy includes $500 penalty for merchants ...