A federal court is likely to weigh how much a proposed settlement over interchange fees differs from a pact that was rejected ...

Passed in 2024 and set to take effect this July, the state law bans certain so-called swipe fees on the tax and tip portions ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.

The U.S. Treasury Department’s Office of the Comptroller of the Currency has released notice of a pending order to preempt ...

Retailers are urging a U.S. District Court judge to reject another settlement that Visa and Mastercard have proposed in the longstanding lawsuit against them and their banking partners concerning ...

The Office of the Comptroller of the Currency sent an interim final rule to the Office of Management and Budget that would ...

Visa and Mastercard have a potential deal with retailers that would lower fees for merchants, potentially lowering prices but threatening prized consumer rewards. The deal, which is still subject to ...

From transaction to transaction, it is impossible for merchants accepting major credit cards to know with certainty what interchange fees they are being charged. Until that's fixed, the interchange ...

The U.S. Court of Appeals upheld the Federal Reserve’s current rules for debit card interchange fees that require banks to charge retailers a limit of 21 cents for every transaction. The ruling ...