Credit and debit card swipe fees have risen 70% since the pandemic and reached a record $187.2 billion in 2024 ...
Experts say credit-card swipe fees cost the average American family about $1,200 a year, and a renewed push in Congress could ...
Ileana Garcia looks in her wallet for credit cards during a sermon about faith-based financial management at the Miami Vineyard Community Church on March 7, 2009, in Kendall, Florida. (Joe ...
Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. Sign ...
The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...
— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
Why do retailers accept credit cards and debit cards? It’s sad such a facile question requires asking, but at a time when fees associated with credit and debit usage are being demonized as “junk,” ...
New data indicates the fees charged by banks and card networks significantly exceeded the previously reported $172 billion. In its new "State of the Industry Report," CMSPI found that credit and debit ...
Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...
This story originally appeared on Spotlight PA. A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate ...