The ongoing battle between merchants and card networks over interchange and network fees has only intensified since the adoption of Regulation II, which capped debit interchange, more than a decade ...

This is based on three tiers: qualified (debit cards and cards without ... distributed to the card’s issuing bank (interchange fee), the credit card network (assessment fee) and the processor ...

Chris Richardson, an economist who had previously worked for the FDIC, recently published a study that examined debit card data after Congress imposed a cap on debit card interchange fees in the ...

By enabling two credit card networks on one card—the dual- network mandate—the bill would allow merchants to choose their ...

Banks often have their own ATM networks, and you can usually withdraw ... When you use your debit card to make a purchase, you may incur interchange fees, assessment fees, or processing fees ...

The American people suffered through several years of high inflation brought on by the COVID-19 pandemic, which temporarily ...

Credit card swipe charges, also known as interchange fees, are a critical yet often misunderstood component of digital transactions. The charges are levied on merchants for processing card payments ...

In this episode of Making Cents, we meet with the experts at Forest Area Credit Union to find out more on credit and debit card interchange fees. Get all the details below: ...