Stax
DECEMBER 2, 2024
In recent years, market adoption of credit card surcharging—a practice by which merchants pass on the transaction fee for accepting a credit card to the cardholder—has increased dramatically. In 2024 alone, more than a dozen state legislatures introduced bills related to surcharging and consumer fees generally.
Cardfellow
JULY 26, 2025
The rule, sometimes referred to as the “Junk Fees Rule,” specifies that businesses in specific industries must clearly disclose the total price including all mandatory fees. What is the Rule on Unfair or Deceptive Fees? It does not ban specific types of fees.
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Evolve Payment
DECEMBER 12, 2024
Many argue that this dominance has created a duopoly, limiting competition and driving up merchant fees. SMBs and consumers alike are significantly impacted by these junk fees that unnecessarily drive up costs. The post Everything You Need to Know About the Credit Card Competition Act appeared first on Evolve Payment.
Payments Dive
JANUARY 3, 2025
A Consumer Financial Protection Bureau lawsuit alleges the retailer and fintech Branch Messenger illegally opened accounts for drivers, and deposited their pay into accounts without their consent.
Fintech Finance
JANUARY 23, 2024
As political efforts intensify to combat junk fees across various sectors, a groundbreaking study conducted by Wise , the global technology company building the best way to move and manage money internationally, unveils a hidden landscape of fees plaguing the everyday lives of Americans.
Payments Dive
MAY 30, 2024
“Putting these regulations into practice is challenging, and the success of such regulatory measures largely hinges on enforcement,” writes a Wise executive.
Payments Dive
APRIL 30, 2024
After the federal agency’s lawsuit landed Thursday, the Seattle bill-pay provider countered the allegations on Friday.
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