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 ...
The National Retail Federation (NRF), the nation's largest retail trade group, is urging Congress to pass the bipartisan Credit Card Competition Act (CCCA), saying it has the potential to save ...
AUSTIN, Texas (KBTX) -The Texas Legislature is considering two bills aimed at increasing transparency around credit card fees, small business owners and industry leaders say those charges are taking a ...
Every time you use your credit card, the retailer pays a fee - about 2.25%. Some of it goes to the bank that issued the card, some to the credit card company for processing the sale, and some might go ...
Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...