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: ...

COLUMBIA, S.C. (WIS) - In South Carolina, skimmers have been found at gas station pumps, ATM’s, retail and grocery stores. Skimmers are devices that criminals attach to point of sales or card readers ...

Almost 2,000 companies and 300 U.S. trade associations are calling on Congress to slash credit card swipe fees, which they say are stifling retailers and bogging down consumers in untenable debt. In ...

Have you ever asked yourself why gas stations offer a cash discount when you pay to fill up your tank? The answer is: credit card swipe fees. Gas stations, or any business that accepts credit cards ...

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 ...

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 ...

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 ...

Whenever someone uses a credit card to buy a scoop of mango ice cream at one of Victor Garcia's shops in Texas, the financial system takes a bite. Credit card fees gobbled up more than $25,000 of ...