fees

Retailers’ Return Fees Risk Foot Traffic Incentives vs Disincentives to Buy
Retailers’ Return Fees Risk Foot Traffic Incentives vs Disincentives to Buy
May 23, 2023  |  Retail

Retailers charging fees for returns walk a tightrope. On the one hand, fees levied when customers decide not to keep what they’ve bought help offset...

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Report: Indian Regulator Investigating Google’s Fees for In-App Payments
Report: Indian Regulator Investigating Google’s Fees for In-App Payments
May 12, 2023  |  ANTITRUST

An Indian regulator has reportedly begun an antitrust investigation into Google. The inquiry by the Competition Commission of India (CCI) centers on a service fee...

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Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
April 17, 2023  |  Regulation

Where regulation goes — sometimes, at least — unintended consequences might follow. The regulatory and legislative scrutiny of, and battle over, what are being commonly...

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CFPB Unearths Junk Fees in Mortgages and Auto Loans
CFPB Unearths Junk Fees in Mortgages and Auto Loans
March 08, 2023  |  CFPB

America’s consumer protection watchdog says an examination has uncovered illegal fees in several industries. The Consumer Financial Protection Bureau (CFPB) announced Wednesday (March 8) that...

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Digital Disbursements Kill the Uncertainty of ‘The Check’s in the Mail’
Digital Disbursements Kill the Uncertainty of ‘The Check’s in the Mail’
March 06, 2023  |  Digital Payments

“The check is in the mail” is a catchphrase for: You’ll get paid — just don’t hold your breath wondering when. The check is but...

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CFPB Says Unneeded Fees Drain Public Benefit Payments
CFPB Says Unneeded Fees Drain Public Benefit Payments
March 02, 2023  |  CFPB

America’s financial watchdog says unnecessary fees are cheating retirees out of their benefits. In its latest salvo against unwanted fees, the Consumer Financial Protection Bureau...

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Report: Italian Government Easing Merchants’ Digital Payment Woes
Report: Italian Government Easing Merchants’ Digital Payment Woes
December 21, 2022  |  Digital Payments

The Italian government has backed a plan to lower digital payment fees for retailers. The measure, part of the country’s 2023 budget, would impose a...

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Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
October 12, 2022  |  Credit Cards

A last-minute bipartisan effort to package a credit card swipe fee amendment into a larger spending bill was ultimately unsuccessful. Sen. Dick Durbin (D-Ill.) and...

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Tanzania Backtracks as Mobile Money Levy Proves Unpopular Across African Markets
Tanzania Backtracks as Mobile Money Levy Proves Unpopular Across African Markets
September 28, 2022  |  Taxes

In recent years, several African countries where mobile money transactions are a popular means of payments have introduced levies on digital transactions, much to the...

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