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 ...

Monarch owner Jennifer Ray is the founder of Service for Change, a new initiative that involves 16 local restaurants and breweries. From groceries to gas, Kansas consumers are weary of the inflation ...

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 ...

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 ...

Over the past decade, swipe fees have more than doubled, jumping nearly 17 percent last year and costing businesses $160.7 billion nationwide With more than 3,000 eating and drinking locations across ...

Red, white, and whew! Heading into the Fourth of July, consumers should be prepared for their wallets to get a little lighter by the time the weekend comes to a close. “Swipe” fees – those charges ...

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 ...

The largest credit card companies in the United States reached an agreement with merchants last month to reduce the so-called swipe fees retailers pay for accepting credit card payments, potentially ...

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 your ...