Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household budgets, according to industry experts. When a credit or debit card is used, banks ...
When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...
Forbes contributors publish independent expert analyses and insights. Dan Gingiss covers news impacting your customers and employees. With Visa and Mastercard recently reaching a settlement on a ...
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 ...
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Grocers pay a lower rate than other businesses and they tend to have more recurring customers, making them less likely to implement credit card surcharges. The convenience of swiping your credit card ...