Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household budgets, according to industry experts. When a credit or debit card is used, banks ...
Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...
Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...
Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.
A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...
A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...
Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough. Visa and Mastercard say ...
Kentucky's economic health relies heavily on the prosperity of its businesses, both big and small. But with prices continuing to rise, small businesses like mine that comprise more than 99% of ...