Dan Kramer

Businesses are increasingly charging fees for credit card transactions, raising concerns about potential debit card fees. However, debit card transactions, governed by Visa and Mastercard rules, currently cannot incur such fees. A restaurant owner in Iowa highlights the financial impact of credit card fees on businesses.

Businesses are increasingly charging fees for credit card transactions, prompting questions about potential debit card fees. Debit cards are currently exempt from such fees due to payment network rules enforced by Visa and Mastercard, but 40% of U.S. consumers use cashless payments weekly. Some businesses avoid passing credit card fees to customers but face financial impacts from these costs.

More businesses are adding fees for credit card transactions, prompting concerns about potential debit card fees. Debit cards are currently exempt from such fees due to payment network rules enforced by Visa and Mastercard, but merchants still absorb credit card processing costs.

Michigan Gov. Gretchen Whitmer signed a bill allocating $152 million to upgrade Selfridge Air National Guard Base's infrastructure at the Mackinac Policy Conference. The article criticizes Michigan's government for dysfunction, a 'spend-and-pretend' approach, and declining economic and educational metrics, arguing that superficial cooperation fails to address systemic issues.

Bullish has agreed to acquire Equiniti in a $4.2 billion transaction to build tokenized securities infrastructure, combining traditional market infrastructure with blockchain-based systems. The deal aims to generate $1.3 billion in adjusted revenue in 2026. Bullish expects revenue growth of 6% to 8% from 2027 through 2029.