Every time a card terminal chirps and a sale goes through, a small slice of that purchase is quietly carved off and routed into one of the most profitable financial systems on earth. The money does ...

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 ...

If shopping for the holidays seems more expensive this year, blame credit card "swipe fees." This is what credit card companies charge stores when you use credit cards — and you can bet that fee gets ...

After a decades-long legal battle with merchants, Visa and Mastercard have agreed to settle an antitrust class-action lawsuit over credit card swipe fees, a move that could potentially benefit ...

Data suggests that fees charged by banks and card networks were more than 25% higher than other estimates. "These outrageous fees drive up the price of almost everything consumers buy, and addressing ...

Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.

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

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Square is a small unit about the size of a postage stamp that plugs into the headphone jack of various smartphones, media players and computers. Users swipe their cards into the device, and then sign ...

Whenever someone uses a credit card to buy a scoop of mango ice cream at one of Victor Garcia's shops in Texas, the financial system takes a bite. Credit card fees gobbled up more than $25,000 of ...

Credit card fraud has become a constant and pervasive threat, and debit cards aren't immune to being stolen either. The Federal Trade Commission reported 66,090 instances of credit card fraud in 2020.