The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but ...

Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.

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

The risk of swiping your credit card still remains high. Stay vigilant in protecting your information if you use your card at ...

NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.

The Merchants Payments Coalition claims that the average family in the U.S. pays $1,200 per year to cover the costs of swipe ...

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

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

The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...

New data indicates the fees charged by banks and card networks significantly exceeded the previously reported $172 billion. In its new "State of the Industry Report," CMSPI found that credit and debit ...

As families shop for the holidays this year, many are grappling with the challenge of making their dollars stretch and wondering why things cost so much whether it’s gifts or groceries. Part of the ...

A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...