The Federal Reserve proposed lowering debit-card swipe fees that card issuers can charge merchants, the first such change since the fees caps were established in 2011, in a meeting on Wednesday. The ...
— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
The Federal Reserve on Thursday proposed a 12-cent cap on the fees banks would be allowed to charge merchants for debit card transactions, a limit some estimated could cut up to 90 percent of the ...
(Reuters) -A U.S. judge has vacated the Federal Reserve’s “swipe fees” regulation that capped the amount banks charge merchants for processing debit transactions, in a ruling favoring retailers that ...
BISMARCK — A North Dakota truck stop wants a federal judge to find that the Federal Reserve Board violated the law by neglecting to crack down on mushrooming debit card transaction fees. The fees — ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. The Federal Reserve on Thursday proposed a 12-cent cap on the fees banks would be allowed to charge merchants for debit card ...
HELENA — If you’re a Montana merchant, bank or consumer — and that means most everyone in the state — the new federal rules on debit-card “swipe fees” will affect you in some way. Yet, the question of ...
The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...
DTE Energy will begin charging processing fees for customers who pay their energy bills using credit or debit cards. In an ...
DTE will add a per transaction processing fee to customers who use debit or credit cards to make utility payments, starting ...