Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several ...

With 85% of cards today tied to rewards programs, almost all would fall under the new ‘premium consumer’ category, leaving ...

Credit card processing fees cost American households an average of $1,100 annually and are expected to continue rising unless ...

Visa and Mastercard have reached a proposed settlement in a long-running legal fight with merchants and retailers that could determine which credit cards stores accept and whether shoppers face ...

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 ...

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 ...

Visa and Mastercard say they have reached a settlement to resolve a long-running battle over swipe fees. These are the fees that restaurants and retailers pay the card companies every time a customer ...

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...

Grocers pay a lower rate than other businesses and they tend to have more recurring customers, making them less likely to ...