More than 1,500 people signed a petition to prevent a $2.99 processing fee if they automatically pay their DTE bills with a ...

— -- 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 ...

Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...

The financial institutions insist that consumers may be forced to alter their use of debit cards, accept more fees, lose reward programs and possibly do without the convenience of using the cards if ...

Legislation would allow merchants to route transactions over multiple card networks, boosting competition, and more ...

There is an easy way for consumers to help small businesses. When possible, consider using cash, a debit card or a direct ...

Specifically, the measure would provide that the fee a merchant is charged when he swipes a customer's debit card is "reasonable and proportional" but would exempt banks with less than $10 billion in ...

US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.

The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...