Advocates encourage passage of the Credit Card Competition Act during Senate Judiciary Committee hearing. Citing data released by payments consulting firm CMSPI, RILA noted that swipe fees to process ...

A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...

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Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

WASHINGTON (NEXSTAR) — Lawmakers are pushing to pass the Credit Card Competition Act, which they say would cut credit card swipe fees. From groceries to gas, any time you use a credit card there’s a ...

As a consumer, I have finally hit the wall when it comes to “swipe fees” on credit cards. That happened last month when my dentist — my dentist! — announced he was tacking on a 3.5 percent surcharge ...

The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com Kaitlyn Ross is the ...