When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...
We all know how convenient it is to swipe our credit cards for everyday purchases. In fact, as of 2022, 82% of U.S. adults had a credit card, making it the most common consumer lending product. In ...
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There’s a fee for that: Pros and cons of surcharging credit cards
Credit card surcharging shifts processing costs to customers but can cause legal issues, competitive disadvantages and ...
DENVER, CO, UNITED STATES, January 28, 2025 /EINPresswire.com/ -- Jason Ruedy, President, CEO of Emerge Merchant Services says with the cost of running a business at ...
Forbes contributors publish independent expert analyses and insights. Dan Gingiss covers news impacting your customers and employees. With Visa and Mastercard recently reaching a settlement on a ...
Despite indicators of a healthy economy characterized by strong growth and greater earnings, the success story appears to skip the traditional, physical storefronts of America’s small and medium-sized ...
Over the past several years, as reimbursement declined and margins tightened, ASCs across the nation have explored numerous ways to reduce their costs. Efforts often focus on staffing and supplies, as ...
Premium cards with higher rewards cost retailers more to process, and they soon may be able to pass that onto you.
Two of the world's largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants. The ...
A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...
Walmart filed a complaint about the Visa and Mastercard settlement offer saying the proposal did not provide relief to large ...
For most small UK businesses it’s impossible to avoid taking customer payments by credit card. But the fees from these transactions can quickly eat into profits, making it particularly difficult for ...
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