The fees in question are “swipe fees,” also known as interchange fees, that are charged to the merchant for every transaction with processors like Visa and Mastercard. Find Out: 10 Things ...
and the companies must negotiate the fees with merchant-buying groups. The law firm that announced the settlement put the value of the savings in swipe fees at close to $30 billion. The settlement ...
The U.S. Supreme Court on Monday ruled that merchants may challenge debt-card swipe fees outside a six-year statute, sending a shock to the power of federal agencies. The justices voted 6-3 on ...
New Jersey passed a new law recently that limits the amount of credit card surcharges, or so-called “swipe fees,” that businesses ... represented by the Merchant Payments Coalition, as ...