News and Articles About Swipe Fees
The retailer sued the credit-card giant this week, claiming Visa's swipe fees are unfairly high. Separately, the retail industry has taken a hit in the fight over capping debit-card swipe fees.
The National Retail Federation appeals $5.7 billion Visa, MasterCard settlement that was approved in December.
The U.S. Federal Reserve says it will appeal an earlier decision from the U.S. District Court that challenged the swipe-fee regulations set by the central bank.
Credit-card giants agree to pay more than $6 billion to settle an antitrust case.
As banks start charging customers who use debit cards, many owners are wondering how this might hit their wallets.
The wait for the Fed's rules governing debit-card swipe fees is over. But many small businesses aren't happy about it.
Here are four ways big banks might change their practices in light of the new law that cuts what they can charge for debit-card purchases.
High swipe fees have been the bane of merchants in recent years, as costs soared. We got swipe-fee relief on credit cards earlier this year, but debit-card fees remained high.