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.
Retail payments have changed significantly over the past few years. What was once a simple swipe-and-sign process has evolved ...
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...
With card acceptance becoming a near-necessity in vending due to declining cash usage, processing fees can put meaningful ...
As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...
Female waiter holding credit card swipe machine while customer making payment in coffee shop with credit card. WASHINGTON — Several banking and credit union trade groups are challenging Illinois' new ...
Visa and Mastercard say they have reached a settlement to resolve a long-running battle over swipe fees. These are the fees that restaurants and retailers pay the card companies every time a customer ...
Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...
Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...
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 ...