Credit card swipe fees, which are among the highest operating ... they're the two biggest and main players in town." That "gives them free rein to sort of implement practices that raises their ...
The risk of credit card fraud doesn’t end when or where you swipe your card. Any business that stores your credit card number could experience a data breach in which a hacker attains access to ...
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.
“Every year, 3% of all of our sales is washed away just to credit card processing,” he said. Merchants have long shouldered these “swipe fees,” the catchall term for businesses’ payments ...