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interchange fees

Technology/Services

Mastercard Plans to Raise Certain Credit, Debit Card Fees

 By Rachel Gignac on Apr. 03, 2024

Pricing changes come days after card issuers agree to $30 billion settlement over swipe fees

Technology/Services

‘There Is Nothing to Celebrate in This,’ Doug Kantor of NACS Says About the Credit-Card Deal

 By Peter Romeo on Apr. 01, 2024

The offer from MasterCard and Visa doesn’t look so good for convenience stores when experts dive into the details

Technology/Services

Visa, Mastercard Agree to $30 Billion Settlement Over Credit and Debit Card Swipe Fees

By Greg Lindenberg on Mar. 26, 2024

Convenience-store, other retail groups say deal is bad for merchants

Technology/Services

Visa, Mastercard Swipe Fees Hit Record $100.77 Billion in 2023

By Hannah Hammond on Mar. 25, 2024

Interchange fees, on average, biggest expense for convenience stores, aside from labor, Merchants Payments Coalition says

Technology/Services

Federal Reserve Extends Comment Period on Swipe Fees

By Rachel Gignac on Jan. 31, 2024

Retailers have until May 12 to submit appeals to reduce transaction cost

Technology/Services

Visa, Mastercard Swipe-Fee Settlement Claim Process Moves Forward

By Greg Lindenberg on Nov. 29, 2023

18 million businesses, including c-stores and grocers, to receive notices starting Dec. 1

Technology/Services

Federal Reserve Seeks Input in Latest Swipe-Fee Proposal

By Steve Holtz on Oct. 26, 2023

Board proposes 17.7-cent cap to be reviewed every 2 years

Technology/Services

Vote on Credit Card Competition Act Could Happen This Week

By Hannah Hammond on Sep. 18, 2023

Movement comes after Visa, Mastercard plan to raise network, interchange fees

Technology/Services

Visa, Mastercard Set to Raise Swipe Fees: WSJ

By Greg Lindenberg on Aug. 30, 2023

Changes could result in retailers paying an additional $502 million annually in fees, report says

Technology/Services

Swipe Fee Legislation Reintroduced to Spur Competition, Tame Rising Fees

By Ann Meyer on Jun. 07, 2023

Credit Card Competition Act of 2023 has bipartisan support

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