Federal legislation was recently introduced to address the high fees businesses fork over every time a customer pays with a credit card. It’s an expense that’s required whether plastic is swiped ...

Credit card swipe fees hit a record $187 billion in 2024, costing every household $1,400 extra as Black Friday shoppers face ...

(InvestigateTV) — The number one reason a credit card charge is declined is insufficient funds, according to Discover, but the Better Business Bureau (BBB) warns cards might also be declined as part ...

This was the first time in history that Visa and Mastercard credit card swipe fees surpassed this milestone mark. "Once again, Main Street merchants and consumers were hit with a new record for swipe ...

Merchants began looking for new ways to cope with higher swipe-fee costs after Visa and Mastercard in April hiked credit card interchange rates. A few years after consumers started shunning cash for ...

Credit card 'swipe fees' are a significant expense for small businesses, often second only to labor costs. These fees, typically 1.5% to 3.5% of a sale, cost U.S. businesses billions annually. Visa ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Visa and Mastercard announced a major settlement with U.S.

The proposed settlement would reduce fees by less than 3.5% per year. That would only continue for five years before the credit card giants could hit businesses with big increases. That doesn’t ...

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 ...