What are Interchange fees? When a customer buys a new $25 t-shirt using their credit card, the bank that issued the card ...
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 ...
Businesses often overlook excessive credit card processing fees which can drain finances — stay alert for warning signals. Understanding and monitoring your discount rate, effective rate, interchange ...
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 ...
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 ...
Two sets of bills in the Texas Legislature regulating credit card interchange fees have brought together an unlikely coalition of skeptics, including JPMorgan Chase CEO Jamie Dimon. Nam Y. Huh / AP ...
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