Credit card swipe fees are going up, costing businesses and could eventually cost all of us more money too. The fees are charged every time we swipe a credit card while shopping. Here's an example: ...
Most consumers don’t even know they’re being nicked every time they swipe a debit or credit card thanks to the big banks’ quiet subversion of the free market. Banks charge the little diner downtown ...
I’ve spent most of my life working in restaurants. At 15, I worked tables at the restaurant my dad managed while my mom bartended. Even then, I knew I wanted to be a chef — though my dad wasn’t ...
New data indicates the fees charged by banks and card networks significantly exceeded the previously reported $172 billion. In its new "State of the Industry Report," CMSPI found that credit and debit ...
Although inflation has eased since peaking in 2022, retailers say that credit card swipe fees are not helping to lower inflation. The National Retail Federation sent a letter this week to the Senate ...
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Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins and raise ...
For many restaurant operators, rent is one of the top monthly expenses. But for Jordan Rubin, the chef/owner of Mr. Tuna and co-owner of Bar Futo and Crispy Gai in Portland, Maine, the cost of rent is ...
HARRISBURG – A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate and has drawn vehement opposition ...
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