Retail payments have changed significantly over the past few years. What was once a simple swipe-and-sign process has evolved ...

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 ...

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.

Credit card 'swipe fees' are a significant expense for small businesses, often second only to labor costs. These fees, typically 1.5% to 3.5% of a sale, cost U.S. businesses billions annually. Visa ...

Every time a customer at a convenience store pays with a credit card, the store is forced to pay a fee. In 2024, major credit card networks like Visa and Mastercard swiped $148 billion from businesses ...

Picture this: You walk into your favorite Michigan coffee shop, grab a latte, swipe your card and leave a tip. You assume that you’re fully supporting a local business, right? Not quite. Behind the ...

(The Center Square) – A longtime small business advocate has launched a new website to help store owners explain credit card surcharges to their customers. Karen Harned, who led the National ...

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