Experts say credit-card swipe fees cost the average American family about $1,200 a year, and a renewed push in Congress could ...
Why do retailers accept credit cards and debit cards? It’s sad such a facile question requires asking, but at a time when fees associated with credit and debit usage are being demonized as “junk,” ...
A proposed settlement between credit card giants Visa and Mastercard and merchants could result in lower prices, but it could also mean fewer payment options for consumers. The settlement addresses ...
Giving merchants the option of passing on the rewards-related element of credit card swipe fees to consumers would radically rewrite the rules of payments competition, writes David True. The cost of ...
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Credit and debit card swipe fees have risen 70% since the pandemic and reached a record $187.2 billion in 2024 ...
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 ...
Most consumers don’t even know they’re being nicked every time they swipe a debit or credit card thanks to the big banks’ quiet subversion of the free market. Banks charge the little diner downtown ...
Kentucky's economic health relies heavily on the prosperity of its businesses, both big and small. But with prices continuing to rise, small businesses like mine that comprise more than 99% of ...
Citing "unacceptably high" credit card card network fees American Express charges merchants, eBay on Thursday said it will no longer honor Amex cards beginning in mid-August. The San Jose, ...