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2. Durbin amendment - Wikipedia

   en.wikipedia.org/wiki/Durbin_amendment

   Interchange fees or "debit card swipe fees" are paid to banks by acquirers for the privilege of accepting payment cards. Merchants and card-issuing banks have long fought over these fees. Prior to the Durbin amendment, card swipe fees were previously unregulated and averaged about 44 cents per transaction. [3] Merchants lobbied heavily for a ...

3. Interchange fee - Wikipedia

   en.wikipedia.org/wiki/Interchange_fee

   An interchange fee is a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank").

4. Payment card interchange fee and merchant discount antitrust ...

   en.wikipedia.org/wiki/Payment_Card_Interchange...

   A part of the settlement that allows merchants to charge fees to customers paying via credit card in order to recoup swipe fees took effect on January 27, 2013. Debit cards and transactions in the ten states that prohibit credit-card surcharges will not be affected.

5. When You Swipe a Card, Who Should Pay -- and How Much ... - AOL

   www.aol.com/news/2010-06-18-the-debate-over...

   Carpenter says his credit card and debit card processing fees have risen from $50,000 a year in 2000 to $900,000 a year today. ... the swipe fees are separate charges for the banks and credit card ...

6. US judge rejects Visa, Mastercard $30 billion swipe fee ... - AOL

   www.aol.com/news/us-judge-rejects-visa...

   A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. U.S. District ...

7. Tariffs may be an inflation worry but so are credit card ...

   www.aol.com/tariffs-may-inflation-worry-credit...

   Visa and Mastercard, which control about 80% of credit card processing, skipped fee increases in 2020 because of the pandemic and in 2021 under pressure from Congress. In 2022, they resumed hiking ...