Every time you use your credit card, the retailer pays a fee - about 2.25%. Some of it goes to the bank that issued the card, some to the credit card company for processing the sale, and some might go ...
Sept 15 (Reuters) - A U.S. judge on Monday upheld the Federal Reserve’s “swipe fees” regulation that caps the amount banks charge merchants for processing debit transactions, a win for the board after ...
Settlement Includes Rate Roll Back and Five-Year Rate Cap that Will Deliver Close to $30 Billion in Near-Term Swipe Fee Savings Settlement Eliminates Anti-Steering Restrictions, Providing Merchants ...
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