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 ...

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...

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 ...

The Personal Financial Data Rights Rule would require banks to freely share data on bank accounts, credit cards and other financial products. "Retailers need to pay close attention to developments ...

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 ...

If approved by a court, a proposed settlement from Visa and Mastercard would, among other things, allow merchants to decline specific kinds of cards at checkout. Many or all of the products on this ...

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 ...