Small businesses and consumers deserve the relief that legislation like the Credit Card Competition Act would bring from the fees that burden every card-based transaction. Banks can easily afford it.

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

Why it matters: Credit card companies and banks charge processing fees for every tap and swipe, which adds up — and can increase your bill — but new legislation aims to lessen their impact.

Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins ...

I’ve spent most of my life working in restaurants. At 15, I worked tables at the restaurant my dad managed while my mom ...

Swipe fees' continue to climb, even as the cost of processing credit card transactions has gone down. Arizona aims to do something about it.

Proposed Kansas House bill blocks collection of credit and debit card transaction fees on portions of a purchase tied to sales tax or tips.

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