Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.

Last month, a judge upheld the IFPA, which will restrict financial institutions from charging interchange fees in Illinois on ...

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 ...

Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

Merchant groups late Friday filed written complaints regarding the latest settlement offer in their two-decades old lawsuit against Visa Inc. and Mastercard Inc. challenging card swipe fees. The ...

Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...

Today (November 10, 2025), credit card company Visa (NYSE:V) has issued a statement a potential legal settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The ...

It will stifle competition and harm consumers just as the card market has grown more competitive. Nobody is delighted with the latest settlement proposal in the multi-decade antitrust lawsuit against ...

Visa and Mastercard have agreed to end their longstanding “honor all cards” rule and temporarily lower interchange fees as part of a settlement agreement announced Monday that could conclude 20 years ...

The small portion of each credit card sale that your business pays toward processing costs can add up to thousands each year. Although credit card fees are a cost of doing business, they aren’t set in ...