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 ...
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.
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As Congress heads into its lame-duck session, more than 1,800 merchants from across the country called on lawmakers this week to pass legislation that would bring long-sought competition to ...
(InvestigateTV) — Credit cards issued by retailers hit a record high interest rate of 30.45% this year according to Bankrate. Ted Rossman with Bankrate said we used to think of 30% as an unofficial ...