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 ...
Interchange fees, or “swipe fees,” are a small part of every credit or debit card transaction, but they serve a big purpose. They help fund the systems that guarantee that your credit card can be ...
On August 6, the US District Court for the District of North Dakota, in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., vacated the entirety of Regulation II – the Federal Reserve Board’s ...
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 ...
State Bank of India has revised its ATM transaction charges, effective December 1, 2025, due to an increase in interchange fees. Savings and salary account holders using other banks' ATMs will see ...