Last year, Visa and Mastercard agreed to cap swipe fees for five years, and pay back $30 billion to merchants who said they’d been overcharged on credit card transactions. But in June a federal ...

The exorbitant cost of credit card swipe fees is one such issue plaguing Kentucky's merchants and consumers alike and passing the Credit Card Competition Act (CCCA) would help alleviate this ...

Credit card swipe charges, also known as interchange fees, are one such fee, which is charged every time a transaction is made through a credit card. The card network determines this fee.

Black American communities — historically denied access to wealth-building tools due to practices like redlining and restrictive banking — now face a new predatory financial hurdle: credit card swipe ...

Even as inflation cools, small businesses across the country are feeling the heat from credit card swipe fees as more consumers pay with plastic. “Swipe fees” is the catchall term for businesses’ ...

Credit card offers and rewards seem very tempting for many card users. These offers attract many people to opt for credit cards as a mode of payment. However, using a credit card is not limited to ...

The risk of credit card fraud doesn’t end when or where you swipe your card. Any business that stores your credit card number could experience a data breach in which a hacker attains access to ...

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.

“Every year, 3% of all of our sales is washed away just to credit card processing,” he said. Merchants have long shouldered these “swipe fees,” the catchall term for businesses’ payments ...