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 ...
Why do retailers accept credit cards and debit cards? It’s sad such a facile question requires asking, but at a time when fees associated with credit and debit usage are being demonized as “junk,” ...
It is essential for every credit card user to understand various fees to ensure cost-effective use. Credit card swipe charges, also known as interchange fees, are one such fee, which is charged every ...
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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.
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 ...
This story originally appeared on Spotlight PA. A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate ...
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 ...
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 ...
During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...