Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to consumers for using a credit card.

President Donald Trump’s push for a one-year 10% cap on credit card interest rates is generating headaches for banks, but his decision to back a long-gestating bill targeting fees paid by retailers on ...

Retiring Senator Dick Durbin has spent more than a decade pushing to force competition into the credit card payment system.

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but ...

Prices continue to rise on everything from food to electricity, putting enormous strain on families who have sought relief ...

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 ...

The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...

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 ...