US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.

DENVER, CO, UNITED STATES, January 28, 2025 /EINPresswire.com/ -- Jason Ruedy, President, CEO of Emerge Merchant Services says with the cost of running a business at ...

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Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

DENVER, CO, UNITED STATES, January 14, 2025 /EINPresswire.com/ -- Jason Ruedy, President, CEO of Emerge Merchant Services says with the new year comes new challenges ...

In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the ...

While many Americans worry about tariffs potentially boosting inflation, merchants continue to warn of a cost increase that's already certain: credit card swipe fees. Banks, card processors and ...

During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...

Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...

A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...