Learn about foreign transaction fees, how they operate, and tips to avoid them, especially when traveling or shopping online with international vendors.

There's no doubt that traveling abroad can be expensive. Accounting for expenses including airfare, hotel stays, meals and excursions, you'll need to budget and save for a big trip so you don' ...

The Federal Reserve Board (“FRB”) proposes to lower fees for debit card purchases. The FRB announced proposed rulemaking to reset its Durbin Amendment cap on interchange fees to 17.7 cents on an ...

— -- 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 ...

The Federal Reserve Board of Governors will consider revisions to its cap on debit card swipe fees at its meeting next Wednesday. The announcement was made as part of a public notice about the ...

From travel to online purchases, these are the times when you should never use your debit card, according to financial ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Many international travellers ...

The U.S. Federal Reserve on Wednesday suggested that “swipe fees” – or fees that banks can charge merchants for processing debit-card transactions -- be slashed by nearly a third, something that would ...

The Federal Reserve on Thursday proposed a 12-cent cap on the fees banks would be allowed to charge merchants for debit card transactions, a limit some estimated could cut up to 90 percent of the ...

(i) the incremental cost incurred by an issuer for the role of the issuer in the authorization, clearance, or settlement of a particular electronic debit transaction, which cost shall be considered ...