Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed ...

A recent report from WalletHub revealed a grim reality that has been building for years: New York state has the fourth-highest household credit card debt in the nation, totaling more than $82 billion.

President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to ...

Swipe fees have jumped 70% since the COVID-19 pandemic and hit a record $187.2 billion in 2024. The high profits are driven, in part, by lucrative credit card and debit card swipe fees, which have ...

Many small businesses are facing increased financial strain due to swipe fees, which can average around 2%. It’s an added financial challenge for entrepreneurs. It’s one thing that customers love, but ...

Female waiter holding credit card swipe machine while customer making payment in coffee shop with credit card. WASHINGTON — Several banking and credit union trade groups are challenging Illinois' new ...