A swipe fee is a fee collected from retailers by the credit card companies and their member banks every time a credit or debit card is used to pay for a purchase. This fee is also known as “interchange.” This fee varies with type of card, size of...

via NACS Press Release NACS launches phase two of a consumer petition campaign to tell Congress, ‘’Stop unfair credit card fees.’ ALEXANDRIA, VA – More than 8,000 retail stores have signed up as part of the biggest consumer petition drive in...

Want to know everything about Interchange? The below glossory of terms were extracted from the May 23, 2008 second consolidated amended class action complaint re Payment Card Interchange Fee and Merchant-Discount Antitrust Litigation, filed in the...

Complete info on the PBS Frontline segment called: The Card Game” Click here to watch “As credit card companies face rising public anger, new regulation from Washington and staggering new rates of default and bankruptcy, FRONTLINE correspondent...

FRONTLINE Presents THE CARD GAME Tuesday, November 24, 2009, at 9 P.M. ET on PBS Watch VIDEO www.pbs.org/frontline/creditcards As credit card companies face rising public anger, new regulation from Washington and staggering new rates of default...