fees

Banks Are Finding Alternatives To Overdraft Fees
Banks Are Finding Alternatives To Overdraft Fees
June 22, 2021  |  Banking

Are overdraft fees over? A report on Tuesday (June 22) in The New York Times says that a growing number of banks have rolled out...

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Marqeta IPO Casts Spotlight On Interchange Fees, Reliance On Square
Marqeta IPO Casts Spotlight On Interchange Fees, Reliance On Square
June 09, 2021  |  IPO

Marqeta, which is focused on helping client firms issue debit cards, went public on Wednesday (June 9).  At this writing, the shares were at $27...

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Overdrafts, Merchant Fees And Crypto: Why You Can’t Have It Both Ways
Overdrafts, Merchant Fees And Crypto: Why You Can’t Have It Both Ways
June 01, 2021  |  Payments Innovation

Senator Elizabeth Warren’s exchange with J.P. Morgan CEO Jamie Dimon on overdraft fees has been viewed 750,000 times in the first 24 hours since the...

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Overdraft Fees Come Under Scrutiny
Overdraft Fees Come Under Scrutiny
May 27, 2021  |  Banking

There are two sides to every story. And when it comes to banks making money, there are critics (thus, the two sides) … and, inevitably,...

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For Alibaba, Antitrust Fine Means ‘Pay Up And Move On’ 
For Alibaba, Antitrust Fine Means ‘Pay Up And Move On’ 
April 12, 2021  |  ANTITRUST

For Alibaba, it may be a case of “pay up and move on.” The weekend brought a fine in the billions of dollars for the...

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Costco Member Fee Hike Would Delight Rivals, Annoy Customers
Costco Member Fee Hike Would Delight Rivals, Annoy Customers
April 06, 2021  |  Retail

It has only happened twice in the past 10 years, but with over 60 million U.S. members and another 40 million internationally, any increase in...

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DoorDash Sues Software Partner Olo Over Excess Fees
DoorDash Sues Software Partner Olo Over Excess Fees
March 31, 2021  |  Legal

Delivery service DoorDash is suing business partner Olo, accusing the software provider of overcharging it by millions of dollars for several years. Olo had acknowledged...

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Mastercard And Visa Postpone Planned US Interchange Hikes
Mastercard And Visa Postpone Planned US Interchange Hikes
March 16, 2021  |  Payment Methods

Noting that the progress of the U.S. economic recovery is at a fragile stage, both Mastercard and Visa announced on Tuesday (March 16) that they...

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Payroc: Credit Card Surcharge Momentum Spreads To Healthcare
Payroc: Credit Card Surcharge Momentum Spreads To Healthcare
February 10, 2021  |  Payment Methods

With 45 states now allowing merchants to pass along fees of up to 4 percent for the use of credit cards, the switch to so-called...

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