In a recent piece for RealClearMarkets, Indraneel Chakraborty asks the question: “Are credit card swipe fees really too high?” Yet, throughout his piece, Chakraborty makes numerous claims that require ...

Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...

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 ...

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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.

The average American family incurs over $1,000 in additional expenses annually due to inflated prices resulting from credit card swipe fees. These fees, which can be as much as 3.5%, ...

An overlooked provision in proposed legislation to reduce credit card “swipe fees” would crack down on a Chinese company that critics fear has infiltrated American payment networks to mine consumers’ ...

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 ...

The Credit Card Competition Act (CCCA) aims to reduce credit card swipe fees charged to small businesses. New Jersey small businesses paid over $3 billion in swipe fees in 2023, impacting consumers ...

AUSTIN, Texas (KBTX) -The Texas Legislature is considering two bills aimed at increasing transparency around credit card fees, small business owners and industry leaders say those charges are taking a ...