Illinois Takes a Swipe at Interchange Fees—and Misses
Governments charge fees for everything. Want to register a vehicle? Pay the DMV. Want to file a civil law case? ...
Thursday, August 6, 2026
Tag: swipe
You blame Visa and Mastercard for the swipe fee, but they keep almost none of it — the fat cut, called interchange, flows straight to the bank that issued your card, and it barely exists in the countries that built their own payment rails
When a Visa-branded card taps a terminal at a Manhattan bodega and the customer walks out with a $4 coffee, ...
US Stocks: Bumble shares soar 40% as investors swipe right on AI-powered reboot
Bumble shares jumped more than 40% in early trading on Thursday after the company posted upbeat fourth-quarter revenue and unveiled ...
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