Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

Multiple associations argue there is no need to wait for court action or for new data. The letter said two recent court rulings "already provide sufficient clarity to move forward." In both the Corner ...

There is an easy way for consumers to help small businesses. When possible, consider using cash, a debit card or a direct bank transfer.

First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting the interchange fees that merchants must pay to tap, swipe and insert their ...

Cats and dogs. Hatfields and McCoys. Whatever metaphor you want to use, banks and merchants are at it again over debit interchange fees. Experts say we probably won’t see a repeat of banks’ disastrous ...

This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...

Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.