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Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.
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 ...
As owner of a family of small local gift shops, credit card “swipe” fees are my third-highest cost, coming only after payroll and rent. In 2022, I paid a staggering $75,000 in swipe fees. I paid ...
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 ...
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