The National Retail Federation this week asked the Federal Reserve to lower the five-year-old cap on debit-card swipe fees, saying it was higher than Congress intended. “In most cases, 24 cents per ...

The latest figures from the Fed show that, in 2023, merchants paid for 49.9% of debit card fraud, up from 46.9% in 2021. The ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...

— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...

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 ...

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...

Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.

But looking at the fine print that came with his new unemployment debit card, he became livid. "A $1.50 [fee] here, a $1.50 there," he said. "Forty cents for a balance inquiry. Fifty cents to have ...

Starting Jan. 2, Reno customers are required to pay a 2.7% fee for every sewer bill they pay with a debit or credit card. Here's how to avoid the fee.