Interchange Fees

Illinois Lawmakers Vote to Delay Implementation of Interchange Fees Law
Illinois Lawmakers Vote to Delay Implementation of Interchange Fees Law
June 02, 2025  |  Legal

The Illinois state legislature voted Sunday (June 1) to delay the implementation of a law that would bar companies from charging interchange fees on the...

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Report: European Commission Looking Into Visa and Mastercard Fees
Report: European Commission Looking Into Visa and Mastercard Fees
May 23, 2025  |  Regulation

The European Commission is reportedly looking into fees charged by Visa and Mastercard in a move that could lead to a formal probe. Get the...

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UK Tribunal Finalizes Settlement in Class Action Against Mastercard
UK Tribunal Finalizes Settlement in Class Action Against Mastercard
May 20, 2025  |  Legal

The U.K.’s Competition Appeal Tribunal announced its judgment Tuesday (May 20) in a long-running class action lawsuit that was brought against Mastercard over its swipe...

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Report: European Retailers Seek Antitrust Case Against Mastercard and Visa
Report: European Retailers Seek Antitrust Case Against Mastercard and Visa
May 14, 2025  |  ANTITRUST

A group of trade associations representing European retailers reportedly asked the European Commission to take action against Mastercard and Visa under European Union antitrust rules,...

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Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
May 14, 2025  |  Digital Banking

In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts....

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Fed Data Shows Economics of Interchange: 86% of Fees Fund Rewards Programs
Fed Data Shows Economics of Interchange: 86% of Fees Fund Rewards Programs
March 13, 2025  |  Loyalty & Rewards

PYMNTS Intelligence noted in recent research that at the same time that consumers are using their credit cards to navigate an inflationary environment, and to...

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Revolut and Visa Challenge UK Proposal to Cap Interchange Fees
Revolut and Visa Challenge UK Proposal to Cap Interchange Fees
March 07, 2025  |  Legal

Revolut and Visa reportedly filed legal challenges against the U.K.’s Payment Systems Regulator (PSR), seeking to overturn the regulator’s proposed cap on interchange fees on...

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With Illinois Interchange Ban Under Injunction, Banks and Merchants Await Next Move
With Illinois Interchange Ban Under Injunction, Banks and Merchants Await Next Move
January 29, 2025  |  Credit Cards

A battle in Illinois over interchange fees could influence other states to decide whether these fees should be reshaped or banned. Get the Full Story...

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What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
What to Watch as the Debit Interchange Fee Battle Heats Up in 2025
December 26, 2024  |  Regulation

Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. Get the Full Story Complete...

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