Fees charged to merchants to process transactions rose 5.9% in one year. The 2025 swipe fee total was up 5.9% from $187.2 billion in 2024, according to the Nilson Report trade publication. This was ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, ...

Is lawmaking the way forward on swipe fees?

Delaware House Bill 315 would ban swipe fees on credit card tips. Restaurants support it, while banks warn it could disrupt ...

The National Retail Federation has called on the Federal Reserve for another reduction in debit card interchange fees. While the average interchange fee for merchants is presently 24 cents per ...

Multiple associations argue there is no need to wait for court action or for new data. The letter said two recent court rulings "already provide sufficient clarity to move forward." In both the Corner ...

The U.S. Court of Appeals upheld the Federal Reserve’s current rules for debit card interchange fees that require banks to charge retailers a limit of 21 cents for every transaction. The ruling ...