— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...
Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...
In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...
The financial institutions insist that consumers may be forced to alter their use of debit cards, accept more fees, lose reward programs and possibly do without the convenience of using the cards if ...
Legislation would allow merchants to route transactions over multiple card networks, boosting competition, and more ...
Specifically, the measure would provide that the fee a merchant is charged when he swipes a customer's debit card is "reasonable and proportional" but would exempt banks with less than $10 billion in ...
There is an easy way for consumers to help small businesses. When possible, consider using cash, a debit card or a direct ...
More than 1,500 people signed a petition to prevent a $2.99 processing fee if they automatically pay their DTE bills with a ...
Credit card swipe fees are going up, costing businesses and could eventually cost all of us more money too. The fees are charged every time we swipe a credit card while shopping. Here's an example: ...