Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...

Residents who pay city utility bills by credit or debit card will soon see a new convenience fee on their transactions, while ...

Credit cards and debit cards look almost exactly alike but are actually quite different. Money you spend or withdraw using a debit card comes straight out of your bank account – you’re spending your ...

DETROIT — DTE Energy customers will soon have to pay a new card processing fee when paying their bills with a debit or credit card. Beginning on March 2, the Detroit-based utility company will ...

Kotak Mahindra Bank will revise fees from April 1, including ECS/NACH failures, debit card fees, cash transaction limits, and third-party cash handling.