Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.

Known simply as credit card swipe fees or more traditionally as processing fees and interchange rates, these fees can lead to exorbitant costs over time for retailers and consumers.

But over time, credit card companies and banks have learned how to game the system and swipe fees have gone off the rails while the cost of processing a transaction has actually declined.

Every time you swipe your credit card, someone pays for your reward points. (Spoiler: It's not the bank or card issuer.) ...

But over time, credit card companies and banks have learned how to game the system and swipe fees have gone off the rails while the cost of processing a transaction has actually declined.

The gas spat represented yet another skirmish in the battle between the financial services and retail industry over the fees retailers pay banks and card processing networks when customers use ...

The swipe fees credit card companies charge businesses to process cards aren't negotiable and there's no competition. Congress must act.

Mastercard is hitting back on media reports circulating last week that said the credit card processing giant along with rival Visa plan to raise credit card network and interchange “swipe ...

Unfortunately, the credit card processing market is unfairly stacked against small businesses, as just two companies — Visa and Mastercard — are able to monopolize the rules.

Retailers have complained for years that credit card issuers raise interchange fees dramatically and unfairly. Card issuers say the fees are legitimate business-to-business charges for processing ...

Credit card ‘swipe fees’ could decrease under new Pa. bill, but banks hate the idea Financial institutions say the current system works and that changing it would create “chaos,” while merchants argue ...