The money made from these fees increased at a ... Businesses claim that raising interchange fees, which are paid by merchants on each transaction made with a credit or debit card, worsen inflation ...

Once it became impossible to make money on debit cards ... Richardson suggests that efforts to cap interchange fees for credit cards would result in a similar diminution of usage.

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

Bread Financial Holdings Inc (BFH) has disclosed a new risk, in the Costs category. Bread Financial Holdings Inc. faces ...

Initially, I was going to choose a flat-rate processor for convenience's sake, but what if he could save more money with an interchange-plus one? "I used this calculator to compare fees across ...

I have a pretty good idea which one they’ll chose. With downward pressure on these exorbitant interchange fees, more money will flow to the local restaurants, bookstores and shops that we all frequent ...

Op-Ed by State Representative Jeff Weninger HB2629 Clears Commerce Committee and will move to the full House for ...

If you use ATMs, then this news is important for you. The Reserve Bank of India (RBI) is considering increasing the maximum ...

(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law prohibits a credit card holder’s bank from charging or receiving ...

The law prohibits a credit card holder’s bank from charging or receiving interchange fees on portions of transactions, including taxes and gratuities. It is scheduled to go into effect July 1.