The Federal Reserve Board (“FRB”) proposes to lower fees for debit card purchases. The FRB announced proposed rulemaking to reset its Durbin Amendment cap on interchange fees to 17.7 cents on an ...
Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.
September 15, 2025 - US merchants are cautiously optimistic that a federal district court's decision in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., No. 1:21-CV-00095, 2025 WL 2253474, (D ...
Debit card rewards often play second fiddle to perks associated with their credit card cousins. But astute banks are fine-tuning their approach. Debit cards are a popular way to pay. Consumers between ...
TROY, Mich.--(BUSINESS WIRE)--Small business owners are optimistic about the future, with 88% indicating the financial state of their individual businesses is about the same or better off than a year ...
Justices Ketanji Brown Jackson, Sonia Sotomayor and Elena Kagan gave the dissenting votes on the swipe-fee decision. The Fed rule came out of the 2010 Dodd-Frank Act, which included a provision ...
The separate loyalty card may become a relic now that retailers can tie their loyalty programs into customers’ credit and debit cards. A new service called SingleSwipe, from loyalty marketer ...
Editor: According to a recent AARP Bulletin: “Card networks forbid collecting a surcharge on debit card transactions, even if they are handled by a retailer just like a credit card… Merchants can pay ...
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