If you use ATMs, then this news is important for you. The Reserve Bank of India (RBI) is considering increasing the maximum ...

RBI may increase ATM fees, including cash transaction and interchange fees, to cover rising operational costs in non-metro ...

Reserve Bank of India is considering to raise the maximum fees that banks can charge customers for exceeding the “free five ...

Illinois enacted a law that prohibits a credit card holder’s bank from charging or receiving interchange fees on the portions ...

Retailers can’t join in the defense of an Illinois law banning bank “swipe fees” on sales taxes and tips, a federal judge ...

The central bank is considering stricter caps on “interchange fees” in its review of payment costs. Worth $2.1 billion ...

In the last four years both Congress and the Biden Administration tried to limit the interchange fees associated with credit cards in the name of protecting consumers. However, recent research ...

Withdrawing cash from ATMs will now incur additional charges. Customers will have to pay a fee for exceeding five ...

A bill was introduced late Tuesday in the Illinois House of Representatives seeking to repeal the Interchange Fee Prohibition Act. The legislation, introduced by Rep. Margaret Croke, chairperson of ...

Capital One’s $35.3 billion acquisition of Discover could close as early as February. It has the potential to reshape the ...

By enabling two credit card networks on one card—the dual- network mandate—the bill would allow merchants to choose their least-cost option, which will organically drive down interchange fees as ...

Commercial litigation firm Harcus Parker is reaching the final stages of preparation for commencement of a multi-billion pound class action lawsuit over interchange fees charged by Mastercard and Visa ...