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 ...
This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...
First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting the interchange fees that merchants must pay to tap, swipe and insert their ...
The financial institutions insist that consumers may be forced to alter their use of debit cards, accept more fees, lose reward programs and possibly do without the convenience of using the cards if ...
Legislation would allow merchants to route transactions over multiple card networks, boosting competition, and more ...
Credit card rewards have long felt like free money, a way to shave a little off the grocery bill or fund a vacation just by ...
Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.