More retailers have started passing along the cost of credit and debit card purchases directly to their customers.For today’s ...

The Federal Reserve Board (“FRB”) proposes to lower fees for debit card purchases. The FRB announced proposed rulemaking to reset its Durbin Amendment cap on interchange fees to 17.7 cents on an ...

— -- 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 Secure Payments Act of 2024 would delay proposed revisions until the Federal Reserve conducts a thorough economic analysis. Specifically, the analysis must measure the impact on consumers, ...

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 — ...

New data indicates the fees charged by banks and card networks significantly exceeded the previously reported $172 billion. In its new "State of the Industry Report," CMSPI found that credit and debit ...

Protecting your finances is crucial, especially when living on a tight budget. While debit cards offer convenience, they can ...

It may soon be time to rethink the automatic usage of a debit card, which unlike a credit card is tied to actual money held in a bank account, and which has been the preferred plastic of consumers ...

Payments made with credit and debit cards will now include a transaction and processing fee. Fort Smith paid over $800,000 in transaction fees in 2024. The city of Fort Smith is no longer absorbing ...

A debit card is a payment card used to access your bank account. You can use a debit card online, at point-of-sale terminals, ATMs and bank branches. Debit card transactions are deducted from your ...