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Trump targets card swipe fees

Trump targets card swipe fees after interest rate threats

First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting the interchange fees that merchants must pay to tap, swipe and insert their cards at checkout by endorsing a measure on Capitol Hill that aims to boost competition among payment networks.

CSP Daily News · 2d

Senators reintroduce Credit Card Competition Act after Trump endorses bill to lower swipe fees

· 3d

Trump backs Durbin's bill to lower credit card swipe fees

· 17h

Wall Street banks face test with Trump's call for credit card rate cap

U.S. banks on Tuesday face a tricky political test in how to address a call from President Donald Trump to cap credit card interest rates - leaving the finance industry scrambling on how to proceed, ...

· 18h

US weighs executive action to cap credit card rates, Bloomberg News reports

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As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

RiverBender.com

Durbin, Marshall Reintroduce The Credit Card Competition Act

WASHINGTON Today, U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Roger Marshall, M.D. (R-KS) reintroduced the Credit Card Competition

Convenience Store News

Credit & Debit Card Swipe Fees Reach New Record in 2024

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 reform messaging into the retailers' mobile apps.

Wichita Eagle

Credit card swipe fees are swiping too much from small business and consumers | Opinion

A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the state’s dynamic small business community. Lawmakers in ...