Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...
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 ...
If shopping for the holidays seems more expensive this year, blame credit card "swipe fees." This is what credit card companies charge stores when you use credit cards — and you can bet that fee gets ...
Credit and debit card swipe fees have risen 70% since the pandemic and reached a record $187.2 billion in 2024 ...
The North Carolina legislature is preparing to address the state's most pressing needs - from the high cost of living to education to healthcare. While these issue areas deserve attention, one in ...
(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 ...
As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...
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 ...
A federal court upheld Illinois' law banning swipe fees on server tips and taxes, making it the first state to do so. Here's what to know.