swipe fees

Fed Expected to Propose Review of Debit Card Fee Cap
Fed Expected to Propose Review of Debit Card Fee Cap
October 25, 2023  |  Bank Regulation

The Federal Reserve will meet Wednesday (Oct. 25) to tackle merchant debit card fees. As a report by Reuters notes, analysts expect the central bank will propose...

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Fed Will Float Reduced Debit Card Fees for Merchants
Fed Will Float Reduced Debit Card Fees for Merchants
October 18, 2023  |  Payment Methods

The Federal Reserve is reportedly ready to propose reducing debit card fees for merchants. The U.S. central bank on Tuesday (Oct. 17) announced a meeting...

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Supreme Court to Decide If Swipe Fee Challenge Can Proceed
Supreme Court to Decide If Swipe Fee Challenge Can Proceed
September 29, 2023  |  Legal

The U.S. Supreme Court has reportedly agreed to hear an appeal from a convenience store regarding the timeliness of its lawsuit challenging a Federal Reserve...

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Visa and Mastercard Interchange Fee Increases May Come in October, April
Visa and Mastercard Interchange Fee Increases May Come in October, April
August 30, 2023  |  Credit Cards

Visa and Mastercard are reportedly preparing to raise the credit card fees paid by merchants. Those increases are scheduled to start in October and April,...

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Delivery Hero Wins $43.6 Million UK Lawsuit Against Mastercard
Delivery Hero Wins $43.6 Million UK Lawsuit Against Mastercard
July 19, 2023  |  Legal

German food delivery company Delivery Hero has been awarded $43.6 million from Mastercard in a victory in the United Kingdom courts. The online food delivery company took legal action...

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Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments Security Decisions
Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...
June 07, 2023  |  Regulation

If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit...

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UK Parliament Asks Visa, Mastercard to Explain Swipe Fees Hike
UK Parliament Asks Visa, Mastercard to Explain Swipe Fees Hike
July 14, 2022  |  Regulation

On Wednesday (July 13), the Treasury Committee at the U.K. Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border...

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Senate Democrats Grill Visa, Mastercard over Swipe Fees
Senate Democrats Grill Visa, Mastercard over Swipe Fees
May 05, 2022  |  Payment Methods

At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks...

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Interchange Fees Catch Heat, and Are Defended, on Capitol Hill  
Interchange Fees Catch Heat, and Are Defended, on Capitol Hill  
May 05, 2022  |  Credit Cards

At a Senate Committee on the Judiciary hearing on Wednesday (May 4), interchange fees — levied on merchants as credit cards are swiped, paid out...

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