Opponents of the legislation argue it could impact Americans’ credit card rewards, while proponents argue otherwise.

Maryland is sending new chip-enabled EBT cards to all 943,000 recipients of the state’s cash and food benefits amid growing ...

Mastercard settlement on June 9. New surcharging and card-rejection rights put the rewards-card subsidy on the receipt.

Credit card payments include hidden "swipe charges". Merchants pay 1-3% of transaction value as fees. Fees fund card benefits like rewards & fraud protection. Paying by credit card has become second ...

As a consumer, I have finally hit the wall when it comes to “swipe fees” on credit cards. That happened last month when my dentist — my dentist! — announced he was tacking on a 3.5 percent surcharge ...

A customer uses the contactless payment chip in this VISA card to purchase gasoline at a gas station in Ridgeland, Mississippi, July 1, 2021. Credit: Rogelio V. Solis / AP The BDN Opinion section ...

NEW YORK, June 10 (Reuters) - A U.S. judge granted preliminary approval to Visa's (V.N), opens new tab and Mastercard's (MA.N), opens new tab revised $38 billion settlement with merchants who accused ...

In Illinois, misinformation spread by big Wall Street banks has pushed the General Assembly to delay a first-in-the-nation ban on credit card swipe fees on sales taxes and tips, just weeks before it ...

The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com Kaitlyn Ross is the ...

A controversial credit card law that has been hotly debated in Illinois has been delayed once again amid ongoing legal challenges. The Interchange Fee Prohibition Act, dubbed the "credit card chaos" ...

A Harvard study estimates that people who pay with cash and debit cards are subsidizing $30 billion a year in points and rewards for credit card users. This article is part of “Unaffordable America,” ...

Your credit card can be a debt trap in the wrong situation. Learn seven modern places where swiping plastic could cost you thousands in hidden fees, scams, and stacked interest. US launches new Iran ...