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The National Retail Federation this week asked the Federal Reserve to lower the five-year-old cap on debit-card swipe fees, saying it was higher than Congress intended. “In most cases, 24 cents per ...
Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...
The ruling overturned the Federal Reserve's cap on fees but put part of the order on hold pending appeals. In his ruling, Judge Taynor vacated regulations setting the debit card swipe fee rate but put ...
WASHINGTON — Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate. On one side are banks like JPMorgan Chase and Bank of America and ...