As the credit card reforms passed last May go into effect on Monday, merchants’ groups complain that Congress has still not taken action on the “biggest credit-card fee of them all.” Retailers insist ...

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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 ...

Joey Hays is owner of Dyer Foods Inc., which is based in Dyer, Tennessee, and operates 18 supermarkets in western Tennessee under the Food Rite, Hays Cash Saver and Save A Lot brands. When the impact ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

U.S. consumers could start seeing additional fees for using a credit card at the register. A new settlement involving Visa, Mastercard and U.S. merchants could give businesses more power to charge ...

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Picture this: You walk into your favorite Michigan coffee shop, grab a latte, swipe your card and leave a tip. You assume that you’re fully supporting a local business, right? Not quite. Behind the ...