If merchants are spending that much in interchange on sales tax, consider how much money businesses that call for a gratuity ...

Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to its banking clients and their ...

Credit card industry figures show that consumers are feeling financially stressed. getty. Consumer Stress Is On The Rise ...

Networks and issuers play very different but essential ... merchants interchange fees for processing consumers' credit or debit card transactions. The four major credit card networks are ...

debit dilemma, to swipe their debit cards over ... Flywheel Publishing and CardRatings may receive a commission from card issuers. Credit card companies are at war. The biggest issuers are handing ...

By integrating with Affirm, FIS continues its mission of unlocking financial technology across the money lifecycle, with the aim of ensuring that every stage of financial transactions-from savings to ...

Currently, the central bank is still considering its proposed changes to the rule, including a reduction in the maximum interchange fee that debit card issuers can charge merchants. The proposed ...

As part of its proposal, the Fed also planned to lower the amount bank card issuers can charge for fraud losses, cutting that amount to .04% of the value of the debit transaction from .05%.