The U.S. economy now runs on electronic payments, and every purchase and sale depends on an intricate network that involves ...
— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
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 ...
In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...
Debit cards are getting the credit-card treatment. This year Southwest Airlines, United Airlines and Wyndham Hotels & Resorts ...
Just months after announcing a new $5 monthly charge for debit cards, Bank of America Corp. caved and eliminated the charge after an onslaught of complaints from customers. But will Boston University ...
Bank of America Corp. is nixing its plans to charge a $5 monthly debit card fee. The bank said Tuesday that the decision to scrap the plan came after listening to customer feedback in recent weeks.
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 ...
What is a prepaid debit card and how does it work? Prepaid debit cards open up a world of options, allowing you to buy things online, pay bills through web portals, and budget more effectively for ...
Debit cards leave your cash more exposed to fraud and holds than credit cards. Here are three places where you're better off ...