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 ...
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 ...
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 ...
Fees charged to merchants to process transactions rose 5.9% in one year. The 2025 swipe fee total was up 5.9% from $187.2 billion in 2024, according to the Nilson Report trade publication. This was ...
More than 60% of all purchases last year were made with a credit or debit card, according to the Federal Reserve. That’s up from 45% in 2016. That means big money for credit card companies, which made ...
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Years-long push on swipe fees for credit cards gets a fresh shot. Here’s what you need to know.
A bipartisan bill focused on credit-card swipe fees has failed to gain traction for years, but it has another shot in the U.S. Senate this week thanks to a separate measure focused on the ...
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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 ...
Sauce Boss owner Sheri Tolomeo can’t afford to pay extra swipe fees tacked on by companies every time customers pay with credit cards. Anyone who uses credit cards at her Harrisburg pizza shop pays a ...
Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...
LIVE FROM MIDTOWN HARRISBURG ON THE PROPOSAL. TOM. WELL, LAURIE, SOME OF THE VENDORS HERE AT THE BROAD STREET MARKET, FOR INSTANCE, SAY THEY JUST CAN’T AFFORD TO STOMACH THE 3% CHARGE THAT THEY MIGHT ...
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