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 ...
PHOENIX (AZFamily) — For years, credit card swipe fees have been criticized. As of Jan. 1, Visa raised two of the credit card swipe fees it charges banks and processing companies. With the new ...
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.
More than 60% of all purchases last year were made with a credit or debit card, according to the Federal Reserve. That’s up from 45% in 2016. That means big money for credit card companies, which made ...