by Annie Dameworth | Mar 18, 2026 | Industry News
Credit and debit card “swipe” fees have reached $198.25 billion, a new record, amid calls by President Trump and others to decrease the fees, according to the Merchants Payments Coalition (MPC). “Credit card swipe fees make just about everything Americans buy more...
by Jacob Musselman | Nov 7, 2023 | Industry News
The Federal Reserve released a proposal to lower the cap on debit card transaction fees, known as swipe fees. The National Retail Federation (NRF) responded to the proposal, saying it is a welcome move but leaves the fees higher than banks’ costs to process...
