From transaction to transaction, it is impossible for merchants accepting major credit cards to know with certainty what ...

Australia has made the largest cut to its interchange fees since the EU reduced interchange fees on all credit transactions ...

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...

Mastercard Inc.’s chief executive early Wednesday deplored the recent collapse of a key interchange settlement and highlighted the card company’s rapid progress in tokenization, a key technology that ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

What a business ultimately pays is determined by how its payment environment is structured, how transactions are processed and how agreements are negotiated.