Merchants were charged $137.8 billion in credit and debit card swipe fees in 2021. This means the average family had to shell out an additional $900 each year on items due to higher swipe fees even ...

Credit card swipe fees are going up, costing businesses and could eventually cost all of us more money too. The fees are charged every time we swipe a credit card while shopping. Here's an example: ...

(TCS) — If Gov. J.B. Pritzker signs the budget and revenue package legislators approved, consumers paying by card may have to swipe to pay for their goods and swipe again to pay the sales tax for ...

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 ...

The free market suffers when Visa and MasterCard dominate and charge high swipe fees. The Credit Card Competition Act is a needed remedy.

As owner of a family of small local gift shops, credit card “swipe” fees are my third-highest cost, coming only after payroll and rent. In 2022, I paid a staggering $75,000 in swipe fees. I paid ...

The Supreme Court agreed Friday to take up a case asking the Federal Reserve to lower the cap on debit card “swipe fees.” An amendment by Sen. Dick Durbin (D-Ill.) to the 2010 Dodd-Frank Act directed ...

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 ...

NFCGest lets credit cards unlock terminals with gesture passcodes—adding security without extra hardware or PIN codes.