Swipe fees charged by big banks and card networks to process credit and debit card transactions totaled $198.25 billion in 2025, up 5.9% from the previous yea ...

Visa and Mastercard credit cards swipe fees again accounted the majority of the total, at $118.8 billion in 2025, up from $111.2 billion in 2024. That was a 365% increase from $25.6 billion in 2009.

The ruling overturned the Federal Reserve's cap on fees but put part of the order on hold pending appeals. In his ruling, Judge Taynor vacated regulations setting the debit card swipe fee rate but put ...

DETROIT — DTE Energy customers will soon have to pay a new card processing fee when paying their bills with a debit or credit card. Beginning on March 2, the Detroit-based utility company will ...

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 ...

Recently, the Fed released its eighth biennial report on debit card transactions, providing an in-depth look at industry trends for 2023, pursuant to Section 920 of the EFTA. The report stated that ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.

Add Yahoo as a preferred source to see more of our stories on Google. A court case brought by the Corner Post truck stop near Watford City, N.D., over debit card processing fees could have national ...

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 — ...