Swipe Fees news and trends

President Trump Endorses Credit Card Competition Act
Credit Cards // January 13, 2026

President Donald Trump endorsed a bill that aims to lower credit card swipe fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Sen. Dick Durbin Says Proposed Visa and Mastercard ‘Swipe Fees’ Settlement ‘Falls Short’
Mastercard // November 17, 2025

Senator Dick Durbin (D-Illinois) said Monday (Nov. 17) that the proposed settlement in the 20-year Visa and Mastercard “swipe fees” legal battle “falls short” of providing a true solution to “outrageous swipe fees” on credit card transactions. Get the Full Story Complete the form to...

SMBs Stand to Gain From Visa and Mastercard ‘Swipe Fees’ Settlement
Credit Cards // November 10, 2025

Visa and Mastercard have announced an updated settlement in a 20-year legal battle with merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Visa and Mastercard Merchant Settlement Offer Targets Rewards Cards
Credit Cards // November 09, 2025

Visa and Mastercard’s 20-year legal battle over interchange fees is reportedly winding down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Interviews & Exclusives
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion

July 02, 2024
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]

Rejected: Judge Nixes $30 Billion Swipe Fee Settlement

June 25, 2024
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. Get the Full Story Complete the...

Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...

June 07, 2023
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 Card Competition Act legislation is...

Top News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy...

February 05, 2020
In today’s top payments news, former Bank of France Governor Christian Noyer said a centralized, global eCurrency is still at least a decade away, the U.S. economy could lose $10.3...

Quick Reads
Credit Unions Push Back Against Illinois Swipe Fee Case

April 06, 2026
Credit union groups are continuing their campaign against an Illinois interchange fees law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

President Trump Endorses Credit Card Competition Act

January 13, 2026
President Donald Trump endorsed a bill that aims to lower credit card swipe fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Sen. Dick Durbin Says Proposed Visa and Mastercard ‘Swipe Fees’ Settlement ‘Falls Short’

November 17, 2025
Senator Dick Durbin (D-Illinois) said Monday (Nov. 17) that the proposed settlement in the 20-year Visa and Mastercard “swipe fees” legal battle “falls short” of providing a true solution to...

SMBs Stand to Gain From Visa and Mastercard ‘Swipe Fees’ Settlement

November 10, 2025
Visa and Mastercard have announced an updated settlement in a 20-year legal battle with merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...