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Transaction fees on debit card purchases are out of control. The Biden administration’s antitrust cops are on the case.

Interchange fees and financial incentives for merchants, banks and mobile wallets could come under pressure if the government ...

For example, a debit card takes funds directly from your bank account ... Like debit cards, credit cards typically belong to a card processing network like Visa and Mastercard and can be used anywhere ...

The department has filed a lawsuit against Visa, saying it illegally stifles competition. It's an argument the industry has ...

U.S. Justice Department Accuses Visa of Illegal Monopoly that Adds to the Price of ‘Nearly Everything’ ...

As was previously reported, the US Department of Justice (DOJ) has filed a lawsuit against Visa (NYSE:V) claiming ...

U.S. shoppers are expected to spend a record $18.5 billion using third-party buy now, pay later (BNPL) services for holiday ...

Visa has dominated the debit and credit card network space for years. The Justice Department is scrutinizing its practices.

Michael Cozzi bought a prepaid debit card for his friend and put $300 on it—only to be told by every party involved with the ...

The Justice Department alleges that for more than a decade, Visa has abused its dominant position in the debit card market.