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.

Convenience retailers lose credit card provision as stablecoin law moves forward without Credit Card Competition Act ...

Maryland merchants and consumers face rising swipe fees. The Credit Card Competition Act could bring relief by boosting ...

July 12, 2025 — 07:01 pm EDT Written by Caitlyn Moorhead for GOBankingRates -> The risk of credit card fraud doesn’t end when or where you swipe your card.

It's Higher This Year If you think swipe fees dropped with inflation, guess again. Last year they were $18.6 billion. Since 85% of holiday purchases will be made with credit or debit cards, that ...

As more pay with plastic, swipe fees take a bite out of bottom lines More than 60% of all purchases last year were made with a credit or debit card, according to the Federal Reserve. That’s up ...

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.

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. To put a ...

March 02, 2025 — 08:01 pm EST Written by Caitlyn Moorhead for GOBankingRates -> The risk of credit card fraud doesn’t end when or where you swipe your card.