Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed into one of the most profitable financial systems on earth. The money does ...

A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate and has drawn vehement opposition from banks ...

Advocates encourage passage of the Credit Card Competition Act during Senate Judiciary Committee hearing. Citing data released by payments consulting firm CMSPI, RILA noted that swipe fees to process ...

Mr. Klein served as deputy assistant secretary of the U.S. Treasury from 2009 to 2012. A fight has commenced over Capital One’s effort to acquire Discover, a deal that would birth an enormous credit ...

The motto “move fast and break things” might work for a fast-growing startup, but when it comes to finances, “if it’s not broke, don’t fix it” might be the wiser approach. Unfortunately, some state ...

Have you ever asked yourself why gas stations offer a cash discount when you pay to fill up your tank? The answer is: credit card swipe fees. Gas stations, or any business that accepts credit cards ...

NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.

Rising credit card “swipe” fees are driving up prices and squeezing grocery and other retailers’ already slim margins, but “it does not have to be this way,” according to trade groups, companies and ...

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