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.

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 ...

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 ...

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 ...

Advocates encourage passage of the Credit Card Competition Act during Senate Judiciary Committee hearing. Citing data released by payments consulting firm CMSPI, RILA noted that swipe fees to process ...

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 ...

Visa and Mastercard say they've reached a deal to resolve a long-running battle with businesses over "swipe fees." But retailers and restaurants say it doesn't go far enough. Visa and Mastercard say ...

Running a restaurant in downtown Minneapolis has never been simple. I’ve seen the highs, when bars and restaurants were packed with fans during the Super Bowl in 2018, and I’ve seen the lows, when ...

Picture this: You walk into your favorite Michigan coffee shop, grab a latte, swipe your card and leave a tip. You assume that you’re fully supporting a local business, right? Not quite. Behind the ...