Tag Archives: Credit Card Swipe Fees

Credit and debit card “swipe” fees have reached $198.25 billion, a new record, amid calls by President Trump and others to decrease the fees, according to the Merchants Payments Coalition (MPC). “Credit card swipe fees make just about everything Americans …

Credit card swipe fees could cost consumers over $683 million in higher prices this Valentine’s Day, according to The Merchants Payment Coalition. “For restaurants, swipe fees are anything but a love story,” says MPC executive committee member and National Restaurant …

A U.S. judge from North Dakota has vacated the Federal Reserve’s credit card swipe fee regulation that capped the amount banks can charge merchants for processing transactions. The ruling says swipe fees set by the Federal Reserve set the cap …