Every time a shopper uses a credit card, the merchant pays a fee to process the transaction, commonly known as a swipe fees. Supporters of a bipartisan bill in the US Senate say the bill could help ...
Opponents of credit card swipe fee legislation claim it will benefit big box retailers and cause harm to consumers and small businesses. Bigstock Thanks to The Kansas City Star for an excellent ...
Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Focusing on bringing growth to small businesses, she is passionate about ...
Legislation to give small businesses relief from credit card swipe fees has sparked fears that it would also let big retailers such as Walmart, Target and Amazon muscle into the banking industry.
Once a credit card swipe crosses the $5,000 mark, the transaction stops being routine and starts triggering a series of behind-the-scenes checks, score calculations, and banking rules that most people ...