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In total, swipe fees on all credit cards totaled $148.5 billion in 2024, up from $136 billion the prior year. Debit card swipe fees reached $38.7 billion, up from $36.3 billion.
If shopping for the holidays seems more expensive this year, blame credit card "swipe fees." This is what credit card companies charge stores when you use credit cards — and you can bet that fee ...
The Credit Card Competition Act is aimed at reducing credit card fees in an attempt to lower costs for businesses and customers.
Paying credit card interest is not ideal, but it can be a short-term solution. Try to avoid letting short-term debt spiral ...
A bipartisan bill focused on credit-card swipe fees has failed to gain traction for years, but it has another shot in the U.S. Senate this week thanks to a separate measure focused on the ...
Last year, Visa and MasterCard collected over $77 billion in credit-card swipe fees.
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