Credit card surcharging shifts processing costs to customers but can cause legal issues, competitive disadvantages and ...

Grocers pay a lower rate than other businesses and they tend to have more recurring customers, making them less likely to implement credit card surcharges. The convenience of swiping your credit card ...

While many Americans worry about tariffs potentially boosting inflation, merchants continue to warn of a cost increase that's already certain: credit card swipe fees. Banks, card processors and ...

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 ...

As a business owner, knowing the basics of credit card processing can help you make more informed decisions. This credit card processing glossary details the most common terminology so you can ...

In 2024, a 2.6% processing fee began being collected on all credit and debit card transactions at most city facilities. The extra charge was implemented when the city’s credit card processing vendor ...

Running a business comes with enough challenges—managing operations, serving customers and staying ahead of competitors. But there may be a silent drain on your profits that often goes unnoticed: A ...

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 ...

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 ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. House bill proposes 2% cap on credit card fees charged by businesses statewide. New policy includes $500 penalty for merchants ...