Putting the Visa/Mastercard Swipe Fee Settlement into Context
To settle a lawsuit initiated in 2005, Visa and Mastercard have agreed to reduce their credit card interchange fees by ...
Tag: Interchange Fees
Learn how interchange fees affect payment processing costs for businesses, influencing pricing strategies and profitability while shaping the dynamics of the payments and banking industries.
UK Court Paves the Way for Lower Interchange Fees
A court in the United Kingdom has ruled in favor of bringing down what it has termed excessively high fees ...
ABA Continues Pushback on Debit Fee Proposal
The American Bankers Association (ABA) continues to kick back against the Federal Reserve’s proposed rules that would lower the cap ...
Fed’s Proposed Debit Fee Changes Garners Mixed Reactions
Last week, the Federal Reserve Board voted in favor of a proposal to lower the maximum interchange fee that covered ...
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