Visa (NYSE:V) and Mastercard (NYSE:MA) shares fell over 5% on Tuesday, extending their recent losses after President Donald Trump reinforced his threat targeting credit card companies.

DTE Energy will begin charging processing fees for customers who pay their energy bills using credit or debit cards. In an email to customers this week, the utility announced that starting March 2, residential customers will be charged a $2.99 fee per card transaction and commercial customers will pay a $9.99 fee.

As customers continue to turn away from using cash, businesses say credit card fees are hampering their margins. On Wednesday, a bill to allow businesses to charge customers paying with cards for those fees moved out of committee with a favorable recommendation from senators.

DTE will add a per transaction processing fee to customers who use debit or credit cards to make utility payments, starting in March.

DTE Energy will soon charge a processing fee to pay bills with a credit or debit card. This fee will not apply if customers pay via bank account, at a kiosk, or mail a check. The fee begins March 2. DETROIT (FOX 2) - Paying your DTE Energy bill will soon cost you if you use a card to make that payment.

Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers and local merchants. | Opinion

Massachusetts businesses could soon be allowed to charge customers fees for using credit cards under legislation that received favorable recommendations from state senators and passed through committee last week.

Residential and commercial DTE customers who use debit or credit cards to pay their bills, will have a new card processing fee added beginning March 2.

DETROIT - One of Michigan’s largest utilities will soon start tacking on a fee when customers pay gas and electric bills with credit or debit cards. Beginning March 2, DTE Energy’s residential customers will pay a $2.99 per transaction fee, while commercial customers will be charged $9.99 per card payment.

According to the city’s finance department, Loveland paid around $1.4 million in card processing fees in 2025, with $1 million of that coming from the general fund.

Northeast Fuel Pay announced today that, according to a year-end analysis, fuel delivery companies switching to specialized payment processing services in 2025 had average savings exceeding 30%, with typical fuel dealer clients saving between $8,