— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...

The Federal Reserve issued a biennial report last week detailing interchange fees related to debit card transactions, ...

FMI joined a coalition of industry organizations in urging the Federal Reserve to finalize its debit card swipe fee reform ...

Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

In a ruling favoring retailers, a federal judge vacated a Federal Reserve rule on debit card "swipe fees," saying the regulator went beyond what Congress allowed in laws it passed in 2010, according ...

The financial institutions insist that consumers may be forced to alter their use of debit cards, accept more fees, lose reward programs and possibly do without the convenience of using the cards if ...

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 ...

Specifically, the measure would provide that the fee a merchant is charged when he swipes a customer's debit card is "reasonable and proportional" but would exempt banks with less than $10 billion in ...

The Merchants Payments Coalition estimates that the average family will pay approximately $21 in swipe fees during the ...