Some of the nation’s largest banks are reportedly exploring a deal that could allow them to sidestep debit card fee limits ...
Credit card processing fees hit a record $198.25B in 2025. See 2026 interchange rates by network, card type, and pricing ...
Last month, a judge granted preliminary approval to the two-decade-long Visa-Mastercard $38-billion interchange settlement.
Every time a consumer swipes a credit card, the merchant pays an interchange fee—typically around 1.9 percent of the transaction value—most of which funds the rewards that cardholders receive. Because ...
States across the country have waded into interchange fee regulation in recent years. These are the charges that banks and card networks collect from merchants on every card transaction. Illinois ...
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 ...
For nearly 20 years, Andrew has worked for financial institutions ranging from regional investment organizations to some of ...
Comptroller of the Currency Jonathan Gould. The Office of the Comptroller of the Currency Friday issued an interim final rule and accompanying order that would preempt an Illinois state law banning ...
Comptroller of the Currency Jonathan Gould. The Merchants Payments Coalition urged the Office of the Comptroller of the Currency on Friday to withdraw its recent move to nullify state-level swipe fee ...