explained that skimming occurs when scammers secretly install devices on payment terminals to capture data stored on the magnetic strips of credit or debit cards. Card skimmers have been around ...

At more than $187 billion, credit and debit card interchange fees reached another new record last year, according to the ...

Credit and debit card swipe fees reached a new high of $187.2 billion in 2024, further driving up prices for consumers, ...

The risk of credit card fraud doesn’t end when or where you swipe your card ... Thieves have been skimming debit and credit card information from ATMs for years, and the innovation of chip ...

The company noted a 96 percent increase in card skimming in 2023 compared to the prior year, with more than 315,000 debit cards targeted ... target automated payment machines in airports ...

Swipe fees on both debit and credit cards have been a hot topic in recent months especially as federal and state lawmakers consider legislation. Many other states have enacted laws restricting or ...

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.

WASHINGTON, D.C. — Credit and debit card swipe fees reached a new high of $187.2 billion in 2024, further driving up prices ...