Visa and Mastercard credit cards swipe fees again accounted the majority of the total, at $118.8 billion in 2025, up from $111.2 billion in 2024. That was a 365% increase from $25.6 billion in 2009.

Swipe fees charged by big banks and card networks to process credit and debit card transactions totaled $198.25 billion in 2025, up 5.9% from the previous yea ...

A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate and has drawn vehement opposition from banks ...

Advocates encourage passage of the Credit Card Competition Act during Senate Judiciary Committee hearing. Citing data released by payments consulting firm CMSPI, RILA noted that swipe fees to process ...

A Colorado bill to limit how much businesses pay credit card companies in swipe fees passed its first Senate committee ...

Mr. Klein served as deputy assistant secretary of the U.S. Treasury from 2009 to 2012. A fight has commenced over Capital One’s effort to acquire Discover, a deal that would birth an enormous credit ...

Have you ever asked yourself why gas stations offer a cash discount when you pay to fill up your tank? The answer is: credit card swipe fees. Gas stations, or any business that accepts credit cards ...

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