The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...
During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...
Kentucky's economic health relies heavily on the prosperity of its businesses, both big and small. But with prices continuing to rise, small businesses like mine that comprise more than 99% of ...
Legislation would allow merchants to route transactions over multiple card networks, boosting competition, and more ...
Hello! I'm covering Niagara County for 7 News WKBW. If you have a story idea, please email me at [email protected] BUFFALO, N.Y. — You may see some decreased ...
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Swipe past $5,000 and this is what really happens
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 ...
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 ...
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 ...
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