Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...
Black Friday is the busiest shopping day of the year, and most of us approach it with a plan. We hunt for deals, compare prices and try to stretch our dollars a little further. What few people think ...
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 ...
… but our independent journalism isn’t free to produce. Help us keep it this way with a tax-deductible donation today. Running a restaurant in downtown Minneapolis has never been simple. I’ve seen the ...
Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...
Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed into one of the most profitable financial systems on earth. The money does ...