States across the country have waded into interchange fee regulation in recent years. These are the charges that banks and card networks collect from merchants on every card transaction. Illinois ...

A group of states are pursuing similar efforts to cap credit card interchange fees, endangering rewards programs that customers value, and raising concerns about an illegal interstate compact, writes ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Aug 18, 2025, 11:02am EDT Aug 18, 2025, 02:06pm EDT JP Morgan ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

Two years ago, Illinois passed crowd-pleasing restrictions on credit card interchange fees, which are better known as "swipe ...

A top official with the Federal Reserve Board of Governors wants a better understanding of recent Supreme Court decisions before the central bank changes its cap on debit interchange fees. "The legal ...

States continue to devote significant attention to consumer protection and pricing transparency issues. During the 2025-2026 legislative ...

On August 6, the U.S. District Court for the District of North Dakota granted the plaintiff’s motion for summary judgment and denied the Fed’s cross-motion for summary judgment. The court found that ...

More states are introducing legislation exempting merchants from paying interchange on sales tax and tips. Bills are currently pending in Alaska, Massachusetts, and New York. In Alaska, the proposed ...

The following information was released by the Credit Union National Association (CUNA): A Kentucky U.S. District Court ruled this week the Federal Reserve's debit interchange Regulation II is lawful ...

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

Credit card processing fees hit a record $198.25B in 2025. See 2026 interchange rates by network, card type, and pricing ...