FMI enthusiastically endorses the reintroduction of the Credit Card Competition Act and praises Sens. Marshall and Durbin and Reps. Gooden and Lofgren for their steadfast leadership in bringing credit card swipe fee reform to the broken market that has long disadvantaged U.

Leading grocery trade groups are voicing unified support for the Credit Card Competition Act following its reintroduction in Congress.

A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard have reached a deal with merchants to settle a lawsuit ...

Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers and local merchants. | Opinion

With card acceptance becoming a near-necessity in vending due to declining cash usage, processing fees can put meaningful pressure on already thin margins.