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.

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...

Here is a question most small business owners in Ontario cannot answer off the top of their head: how much did you pay in payment processing fees last month? Not the headline rate your processor ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.

Last month, a judge upheld the IFPA, which will restrict financial institutions from charging interchange fees in Illinois on ...

Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...

Today (November 10, 2025), credit card company Visa (NYSE:V) has issued a statement a potential legal settlement in the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The ...