“The current banking and credit card system redistributes wealth upward, with the middle- and working-class subsidizing ...

Credit card “swipe fees” are a thorn in the side of my business. Each time a customer taps, inserts or swipes their credit card to make a purchase, I pay ...

Credit card annual fees do take cash out of your pocket, but paying the annual fee on a card can unlock higher earnings, ...

A new report from an economist says that middle and working individuals and families receive fewer benefits from credit cards ...

Credit card companies make the bulk of their money from interest, cardholder fees and transaction fees paid by businesses ...

Global payments processors Visa and Mastercard's default multilateral interchange fees which are charged to retailers ...

Over the last few months, I’ve dined at several restaurants that list credit card fees on the menu, ranging from 3 to 3.5 percent. Customers who pay with debit or cash can ignore the fine print.

In 2024, credit card companies in the U.S. earned a record $148.5 billion from processing fees charged to merchants. Families paid an average of close to $1,200 in swipe fees in 2024, according to ...

At issue are two sets of bills regulating credit card processing fees, which collectively set a record of nearly $188 billion last year, according to Nielsen Report data.

We use credit cards, and credit card companies love it. Why? Because they make nearly 150 billion dollars a year in merchant fees. These fees are paid by businesses for the benefit of accepting cards.

With hundreds of different card types and various fee structures, reviewing your processing statements can feel overwhelming. This confusion leads to unnecessarily high fees — 72% of businesses are ...

Credit card fees are squeezing small businesses like mine. Arizona can help 'Swipe fees' continue to climb, even as the cost of processing credit card transactions has gone down.