I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...
Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...
Credit card processing fees are essential charges for card payments. Explore the types, rates, and tips to manage these costs effectively. While we’re not completely cashless yet—I still pay for my ...
States across the country have waded into interchange fee regulation in recent years. These are the charges that banks and card networks collect from merchants on every card transaction. Illinois ...
Two years ago, Illinois passed crowd-pleasing restrictions on credit card interchange fees, which are better known as "swipe fees." The ban on charging fees on processing payments for tips and taxes ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Aug 18, 2025, 11:02am EDT Aug 18, 2025, 02:06pm EDT JP Morgan ...
With the fight over interchange showing no signs of abating, merchant groups look to legislation as the problem solver. The ongoing battle between merchants and card networks over interchange and ...
Credit card processing fees hit a record $198.25B in 2025. See 2026 interchange rates by network, card type, and pricing ...
In 2024, U.S. merchants paid $187.2 billion in credit card processing fees, a surge driven by rising rates and markups that now claim roughly $1.57 of every $100 accepted in card payments (Nilson ...
As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...
Recently, NPCI has introduced credit card-related changes, which might mean an uptick in the charges on transacting through Rupay credit cards. This is because all variants of Rupay credit cards, ...
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