Under the new proposal, Visa and Mastercard would lower swipe fees by an average of around 0.1 percentage point for several ...

Credit card 'swipe fees' are a significant expense for small businesses, often second only to labor costs. These fees, typically 1.5% to 3.5% of a sale, cost U.S. businesses billions annually. Visa ...

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 ...

The Credit Card Competition Act is aimed at reducing credit card fees in an attempt to lower costs for businesses and customers. It's the holiday shopping season, which likely means more use of your ...

A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...

As part of the proposed settlement, the credit card companies will temporarily lower the swipe fees for merchants. But not everyone sees this as a satisfying end to a legal battle that stretched on ...

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.

During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...