Square is a leader in the credit card payment app space, offering a seamless blend of hardware, software, and payment ...

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

A federal judge declined to stop an Illinois law banning credit card fees on tax and tip portions of transactions, effective ...

Capital One’s $35.3 billion acquisition of Discover could close as early as February. It has the potential to reshape the ...

Here’s a breakdown of the charges that make up credit card processing fees: Interchange fees Interchange fees make up the largest portion of the credit card processing fee that goes to the ...

Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card ...

If the merger goes through, it’s a safe bet that interchange fees will be under scrutiny. Congress is working on legislation to enhance competition in the credit card market. The expansion of ...

Financial services companies in Illinois are fighting a landmark state law on credit card fees in court and in Springfield as ...

Credit card swipe charges, also termed as interchange fees. These are charges imposed on a user every time they use their ...

Processing fees are paid by the merchant in order to accept credit card payments. There are three types of processing fees, and they’re all legal: assessment, interchange and payment processing.

In the last four years both Congress and the Biden Administration tried to limit the interchange fees associated with credit cards in the name of protecting consumers. However, recent research ...