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 ...
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 ...
Credit card fraud has become a constant and pervasive threat, and debit cards aren't immune to being stolen either. The Federal Trade Commission reported 66,090 instances of credit card fraud in 2020.
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 ...
NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.
A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate and has drawn vehement opposition from banks ...
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.
Square is a small unit about the size of a postage stamp that plugs into the headphone jack of various smartphones, media players and computers. Users swipe their cards into the device, and then sign ...
The risk of credit card fraud doesn’t end when or where you swipe your card. Any business that stores your credit card number could experience a data breach in which a hacker attains access to your ...