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 ...
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 ...
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 ...
Interchange fees, or “swipe fees,” are a small part of every credit or debit card transaction, but they serve a big purpose. They help fund the systems that guarantee that your credit card can be ...
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 ...
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, ...
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 ...
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