Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.
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 ...
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 ...
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 ...
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 ...