Is lawmaking the way forward on swipe fees?

Visa and Mastercard credit card swipe fees again made up the majority of 2025 swipe fees at $118.8 billion, up from $111.2 ...

Swipe fees on credit and debit card purchases topped $198 billion in 2025, which is a record high and an increase of more ...

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 ...

Credit and debit card swipe fees charged by big banks and global card networks for merchants to process transactions have ...

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 ...

NEW YORK — Will a monthly debit card fee soon be the norm? Bank of America said Thursday that it plans to start charging a $5 monthly fee when customers make debit card purchases. The fee will be ...

If you have tapped to pay with a credit card, you’ve likely noticed that some merchants add a small fee for paying with credit instead of debit or cash. But what if the fee you paid depended on ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, ...

WASHINGTON — Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate. On one side are banks like JPMorgan Chase and Bank of America and ...