In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...

The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...

US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.

The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...

Forbes contributors publish independent expert analyses and insights. Dan Gingiss covers news impacting your customers and employees. With Visa and Mastercard recently reaching a settlement on a ...

Two of the world's largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants. The ...

When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...

Despite indicators of a healthy economy characterized by strong growth and greater earnings, the success story appears to skip the traditional, physical storefronts of America’s small and medium-sized ...

Credit card surcharging is on the rise. Imposing a surcharge in a compliant manner is more than adding a fee at the point of sale. Below we review on a high level the legal and commercial ...