President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...

Durbin said Visa and Mastercard control about 85 percent of the credit card market. They don't negotiate and businesses have ...

NC book store owner: That 2-4 percent charge hurts businesses like mine and our customers. What lawmakers here can do.

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment ...

Black Friday is the busiest shopping day of the year, and most of us approach it with a plan. We hunt for deals, compare prices and try to stretch our dollars a little further. What few people think ...

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 ...

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 ...

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...