Federal legislation was recently introduced to address the high fees businesses fork over every time a customer pays with a credit card. It’s an expense that’s required whether plastic is swiped ...

Legislation was recently introduced in the U.S. Senate that will inject a dose of free market competition into the world of credit cards—alleviating a big financial headache for small businesses. You ...

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 ...

In a recent piece for RealClearMarkets, Indraneel Chakraborty asks the question: “Are credit card swipe fees really too high?” Yet, throughout his piece, Chakraborty makes numerous claims that require ...

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.

Many small businesses are facing increased financial strain due to swipe fees, which can average around 2%. It’s an added financial challenge for entrepreneurs. It’s one thing that customers love, but ...

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 ...