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 ...
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 ...
Bulletin: ...WINTER WEATHER ADVISORY REMAINS IN EFFECT UNTIL 1 PM EST THIS AFTERNOON... * WHAT...Snow. Additional snow accumulations up to two inches. * WHERE ...
As families shop for the holidays this year, many are grappling with the challenge of making their dollars stretch and wondering why things cost so much whether it’s gifts or groceries. Part of the ...
Running a restaurant in downtown Minneapolis has never been simple. I’ve seen the highs, when bars and restaurants were packed with fans during the Super Bowl in 2018, and I’ve seen the lows, when ...
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 ...
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 ...
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 ...
I was glad to read that Senator J.D. Vance from Ohio is taking the lead on overhauling the credit card industry by introducing the Credit Card Competition Act. Over one-third (35%) of Americans said ...
HARRISBURG – 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 ...