Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

In his final year in office. Illinois Sen. Dick Durbin will try once again to pass his Credit Card Competition Act bill.

As part of a broader effort to address the affordability crisis, President Trump has proposed capping credit card interest ...

The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs ...

V stock is under pressure as political scrutiny of swipe fees resurfaces, but Visa’s fundamentals tell a more nuanced story.

While seemingly small, "swipe fees" are no drop in the bucket. It was found that Main Street businesses in North Carolina ...

President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...

Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...

WASHINGTON, D.C. — Passage of the Credit Card Competition Act (CCCA) is gaining momentum.

Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers ...

FMI enthusiastically endorses the reintroduction of the Credit Card Competition Act and praises Sens. Marshall and Durbin and ...