SAN FRANCISCO (KGO) -- Each time a credit card is used, the merchant is charged what is commonly called a "swipe fee" of 2% to 3% of the purchase. That fee is split between the processors -- usually ...
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Swipe past $5,000 and this is what really happens
Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...
Why do retailers accept credit cards and debit cards? It’s sad such a facile question requires asking, but at a time when fees associated with credit and debit usage are being demonized as “junk,” ...
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Kentucky's economic health relies heavily on the prosperity of its businesses, both big and small. But with prices continuing to rise, small businesses like mine that comprise more than 99% of ...
Hello! I'm covering Niagara County for 7 News WKBW. If you have a story idea, please email me at [email protected] BUFFALO, N.Y. — You may see some decreased ...
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