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Credit Card Surcharge Guidance: A State-by-State Overview of Surcharging Laws

Stax

Credit cards are incredibly convenient as a payment method. Unfortunately for them though, credit card payments come with a cost. billion in fees for accepting Mastercard and Visa credit cards in 2023. This was, in fact, the first time that swipe fees for these two card networks crossed $100 billion.

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PSR targets high cross-border interchange fees with proposed price cap

Neopay

To combat this, the regulator is proposing a price cap to bring relief to businesses and their customers. Rising Fees and Limited Competition Cards are integral to the UK economy, facilitating everyday transactions between businesses and consumers. to 1.15% and credit card fees from 0.3%

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Demystifying Credit Card Interchange Fees: What You Need to Know [2024 Rates and Updates]

Stax

Interchange is the fee that credit card companies like Visa and Mastercard charge businesses to accept their cards. In this article, we will break down credit card interchange fees so you will know exactly how much you’re spending when running your business. How much does interchange cost?

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How Do You Offset Credit Card Processing Fees?

EBizCharge

Every swipe or tap of a credit card comes with processing fees that can hinder a businesss profitability if not properly managed. This article will provide helpful strategies for merchants to offset these fees to minimize the costs of accepting credit card payments. These fees typically range from 1.5%

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Biden, Republicans clash over card fees

Payments Dive

President Biden and Republican lawmakers sparred Thursday over credit card late fees, as some House members also challenged the Federal Reserve’s proposed cap on debit card fees.

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The Data is Clear: The Durbin-Marshall Credit Card Bill Will Harm Small Businesses

Electronic Payments Coalition

Since Congress introduced price caps and routing mandates on debit cards in 2011, research from independent and government sources has illuminated their disproportionate negative impact on small businesses. Now, Senators Dick Durbin and Roger Marshall aim to extend similar mandates to credit cards.

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CRS Report: “Unclear Who Would Benefit” from Durbin-Marshall Credit Card Bill

Electronic Payments Coalition

The independent Congressional Research Service (CRS) released the latest in a string of reports questioning the benefits and raising the unintended consequences of the Durbin-Marshall credit card bill.