The U.S. Federal Reserve on Wednesday suggested that “swipe fees” – or fees that banks can charge merchants for processing debit-card transactions -- be slashed by nearly a third, something that would ...

— -- 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 ...

DTE will add a per transaction processing fee to customers who use debit or credit cards to make utility payments, starting ...

The Secure Payments Act of 2024 would delay proposed revisions until the Federal Reserve conducts a thorough economic analysis. Specifically, the analysis must measure the impact on consumers, ...

DETROIT - One of Michigan’s largest utilities will soon start tacking on a fee when customers pay gas and electric bills with ...

BISMARCK — A North Dakota truck stop wants a federal judge to find that the Federal Reserve Board violated the law by neglecting to crack down on mushrooming debit card transaction fees. The fees — ...

The Federal Reserve has proposed lowering the maximum fee that large debit card issuers charge merchants for a debit card transaction, a move that would benefit both merchants and consumers. Under the ...

The new charge also comes as DTE is seeking to raise electricity and natural gas rates — yet again — and as many consumers feel they are being forced to move to increasingly more electronic payments ...

Payments made with credit and debit cards will now include a transaction and processing fee. Fort Smith paid over $800,000 in transaction fees in 2024. The city of Fort Smith is no longer absorbing ...