News

The basic idea behind double-dipping is to link your credit card purchases to as many rewards programs as possible so you can stack your cash back or points earnings. That way, in addition to the ...
These shifts in customer habits have added to many businesses’ costs. Merchants paid an average of 2.26% in swipe fees for transactions using the Visa and Mastercard credit card networks in 2023 ...
These are easy for hackers to install card-swipe software, as in the Target hack. The price paid can be quite high; Subway got hit in 2011 by Romanian hackers, who got away with $10 million from ...
Swipe cards are used most everywhere -- from credit cards used to make purchases to swipe cards that work as keys to enter doors and even cards that can help companies keep track of workers' time.
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 ...
To put a number to it, retailers like our company collectively forked over $148 billion in credit card swipe fees last year. And that’s a roughly $12 billion increase compared to 2023.
Credit card companies work hard every day to make sure that your private information is kept safe. However, this doesn't stop criminals from thinking more outside the box to get their hands on ...
But technically, credit card swipe fees aren’t a tax paid to the government. Rather, the money is collected by the banks in concert with Visa and Mastercard, which control almost 80% of the U.S ...
Washington Watch Battle over credit-card swipe fees hits Congress again. What you need to know. The Credit Card Competition Act has failed to get enacted for years, but it might hitch a ride on a ...
Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.