Dossier
credit card swipe fees
Coverage of credit card swipe fees in the Nexus archive.
- The hidden cost of your points
Credit card swipe fees reached a record $198 billion in 2025, sparking a debate about who ultimately covers the costs of rewards programs.
- State laws provide relief, but nationwide credit card competition is the answer
The Credit Card Competition Act (CCCA) is proposed to end Visa and Mastercard's monopoly on credit card swipe fees, which cost American families an additional $1,200 annually. The act aims to foster competition in the credit card industry.