A recent settlement between Visa, Mastercard and the largest U.S. credit card issuing banks and merchants has lowered swipe fees for the next five years, saving money on your monthly credit card bills ...

NEW YORK, Nov 10 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab announced a revised $38 billion settlement with merchants who accused the card networks of charging too much ...

Colorado legislators are proposing to eliminate “swipe fees” on sales taxes, a move that proponents say would save businesses tens of thousands of dollars a year but which will likely revive ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

As Congress heads into its lame-duck session, more than 1,800 merchants from across the country called on lawmakers this week to pass legislation that would bring long-sought competition to ...

By Jenifer Waller Four Colorado lawmakers recently published an op-ed in Colorado Politics calling for legislation to ...

National Retail Federation calls proposed temporary reduction in fees "a drop in the bucket." In a letter to U.S. District Judge Margo Brodie, NRF attorneys wrote that the proposal fails to end Visa ...

Companies paid $2.1 billion in swipe fees in 2024 to accept credit cards. They’re fighting to get back $200 million charged on sales tax. Banks and other businesses say it’s not that simple.

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

High card-acceptance fees are the root cause for why some merchants are charging consumers for cash back at the point-of-sale, a service merchants have historically provided consumers even though ...

On September 19, the U.S. District Court for the District of Massachusetts denied a motion to compel arbitration in a putative class action brought by small merchants challenging anti-steering rules ...