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 ...
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 ...
Visa and Mastercard say they have reached a settlement to resolve a long-running battle over swipe fees. These are the fees that restaurants and retailers pay the card companies every time a customer ...
A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...
Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...