The purpose of the Durbin Amendment was to lower merchants’ costs of accepting debit cards for customer payments. Up to now, because of technology limitations, online merchants were not provided lower ...

As the Federal Reserve considers a move to increase competition among the payment networks that process billions of dollars in online debit card transactions each year, the agency has been flooded ...

Small businesses need to understand how to lower credit card processing fees, secure better terms, prevent fraud and avoid ...

TROY, Mich.--(BUSINESS WIRE)--Small business owners are optimistic about the future, with 88% indicating the financial state of their individual businesses is about the same or better off than a year ...

Third time's a charm? Visa and Mastercard said they've reached a credit card swipe-fee deal (again) with merchants. Would it save consumers money?

UPDATE: This article includes news about Visa's $1.5 billion set aside for legal fees. With federal regulators putting legal heat on Visa over payment practices such as debit card processing, ...