Known as a swipe charge or Merchant Discount Rate (MDR), it is a fee paid by merchants for accepting credit card payments. While cardholders generall ...

Credit card processing fees hit a record $198.25B in 2025. See 2026 interchange rates by network, card type, and pricing ...

Visa and Mastercard announced a revised settlement with merchants who accused the card networks of charging too much to accept their credit cards, after a judge rejected an earlier $30 billion accord ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already come out against the deal, arguing the proposed changes are ...

NEW YORK, Nov 10 (Reuters) - Visa (V.N), opens new tab and Mastercard (MA.N), opens new tab announced a revised $38 billion settlement with merchants who accused the card networks of charging too much ...

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...

Visa and Mastercard have reached a new settlement with merchants in the “swipe fee” lawsuit that has been working its way through the court system for 20 years. This third proposed settlement would ...

The Illinois General Assembly on Monday voted to once again delay implementation of a ban on interchange fees on the tax and tip portions of transactions, the second such delay amid ongoing litigation ...

NEW YORK — Visa and Mastercard announced a revised $38 billion settlement with merchants who accused the card networks of charging too much to accept their credit cards, hoping to satisfy a judge who ...