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 ...

Two years ago, Illinois passed crowd-pleasing restrictions on credit card interchange fees, which are better known as "swipe fees." The ban on charging fees on processing payments for tips and taxes ...

Credit card processing fees are essential charges for card payments. Explore the types, rates, and tips to manage these costs effectively. While we’re not completely cashless yet—I still pay for my ...

In 2024, U.S. merchants paid $187.2 billion in credit card processing fees, a surge driven by rising rates and markups that now claim roughly $1.57 of every $100 accepted in card payments (Nilson ...

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 ...

A Jones Day and Skadden, Arps, Slate, Meagher & Flom-represented coalition of banking and financial institutions had challenged the law, which was the first of its kind in the United States, arguing ...

Credit card processing fees hit a record $198.25B in 2025. See 2026 interchange rates by network, card type, and pricing ...

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 ...

This is the third in a series of articles on the impact of the presidential election on financial services. Here's where to read parts one and two. Processing Content Donald Trump and Kamala Harris ...