WASHINGTON, Oct 25 (Reuters) - The U.S. Federal Reserve on Wednesday proposed slashing by nearly a third the amount of so-called "swipe fees" banks can charge merchants for processing debit-card ...

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 ...

Discover how Merchant Category Codes (MCCs) classify purchases for card rewards, tax reporting, and fees. Learn how they ...

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 ...

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Merchant accounts are essential if you want to run a business that accepts debit and credit card payments. Not doing so can impede on your ability to attract customers and grow your business. Luckily, ...

DTE Energy customers will soon have to pay a new card processing fee when paying their bills with a debit or credit card. Beginning on March 2, the Detroit-based utility company will implement a $2.99 ...

With three years spent researching, comparing, and testing software products, Tyler Webb is an expert on all things telecommunications. With work featured on GetVoIP.com, he's written over 150 ...

Peter Lucas December 29, 2025 Acquiring, Competitive Strategies, Debit Cards, E-Commerce, Issuing/Originating, Law and Regulation, Mobile Commerce, Point-of-sale, Pricing, Transaction Processing [Aug.

According to Visa’s official documentation, Account Funding Transactions (AFTs) is a transaction type used to withdraw funds from a Visa or Mastercard account for the purpose of funding another ...