Politico Morning Money: Taking stock
In a novel bit of policy messaging, the Merchants Payments Coalition — which backs retailers in the years-long battle over card fees charged by banks and payments companies — has launched a new tracker linking the surge in gas prices to swipe fees.
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Vision Monday: Credit Card Swipe Fees Hit Record-Setting $198.25 Billion
Doug Kantor, Merchants Payments Coalition (MPC) executive committee member and National Association of Convenience Stores general counsel, commented on data that showed credit and debit card swipe fees, charged by banks and by card networks to merchants for transaction processing, has hit a new record of $198.25 billion, according to the MPC.
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Retail Customer Experience: Swipe fees hit record-setting $198.25B
Credit and debit card swipe fees, charged by banks and by card networks to merchants for transaction processing, has hit a new record of $198.25 billion, according to the Merchants Payments Coalition.
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Credit Unions Today: Merchants Renew Push For Credit Card Bill, Saying Easter Swipe Fees Will Top Half A Billion Dollars
Credit card “swipe fees” could add nearly $600 million to Americans’ Easter spending this year, according to the Merchants Payments Coalition, which said the added cost underscores fresh pressure on Congress to revive the bipartisan Credit Card Competition Act.
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Chain Store Age: Credit and debit card swipe fees, charged by banks and by card networks to merchants for transaction processing, has hit a new record of $198.25 billion, according to the Merchants Payments Coalition.
The Merchant Payments Coalition has a not-so-happy forecast for the financial impact of swipe fees on consumers who shop for Easter using credit cards.
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CardRates.com: Swipe Fees Reach $198 Billion as Merchants Escalate Fight Against Interchange Costs
The swipe fees on transactions from credit and debit cards reached a record amount of $198.25 billion in 2025, according to a new press release from the Merchants Payments Coalition. That figure represents more than a $10 billion increase over 2024 when swipe fees came in at $187.2 billion.
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RetailWire: Is Legislation the Answer on Visa, Mastercard Swipe Fees as ~$200 Billion Record Is Set?
Credit card and debit card swipe fees have reached a record high of $198.25 billion, per the Merchants Payment Coalition (MPC), signaling that merchants — and by extension, consumers — are on the hook for an ever-increasing bill attached to everyday transactions. “Credit card swipe fees make just about everything Americans buy more expensive. Swipe fees set a new record by taking more of our money every year, and the impact on American families and small businesses is devastating,” said MPC executive committee member and National Association of Convenience stores General Counsel Doug Kantor.
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Hardware Connection: Swipe Fees Hit Record $198.25 Billion, Renewing Calls for Reform
Credit and debit card swipe fees hit record of $198.25 billion in 2025, according to a new report from the Merchants Payments Coalition, prompting renewed calls from the White House and members of Congress for reforms aimed at increasing competition and lowering costs for businesses and consumers.
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CardRates.com: This Week in Credit Cards: Swipe Fees Reach New High
The Merchant Payments Coalition put a target on credit and debit cards this week. According to a new report, swipe fees reached a record high in 2025, coming in at more than $198 billion. The figure represents an increase of more than $10 billion over 2024’s numbers. In a press release, Doug Kantor, National Association of Convenience Stores General Counsel and Executive Committee Member of the coalition, called on Congress to take action on the fees.
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Progressive Grocer: Swipe Fees Reach Record $198.25B
Credit and debit card swipe fees charged by big banks and global card networks for merchants to process transactions have reached a new record of $198.25 billion, according to the Merchants Payments Coalition (MPC), a group representing retailers, supermarkets, convenience stores, gasoline stations, online merchants and others working for a more competitive and transparent card system.
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