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North Dakota Truck Stop Argues in Federal Court for Lower Debit Card Fees

WATFORD CITY, N.D. (North Dakota Monitor) — A North Dakota truck stop wants a federal judge to find that the Federal Reserve Board violated the law by neglecting to crack down on mushrooming debit card transaction fees. The fees — which apply every time someone swipes their debit card — are meant to reimburse banks for the cost of processing transactions. But for years, banks increased these fees to an extent that far exceeded those costs. Congr…

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North Dakota truck stop argues in federal court for lower debit card fees

“Congress’ demand to this day still stands unfilled,” Tyler Green, an attorney representing the truck stop, said in a Wednesday hearing in federal court in Bismarck.

2 days ago·Fargo, United States

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Star Tribune

Lean Left

Credit card fees at center of legal dispute in Minnesota

Charging a fee, a common practice at restaurants across Minnesota, is now at the center a potential class-action lawsuit involving customers who argues the fees for credit cards are effectively unavoidable.

4 days ago·Minneapolis, United States

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