A new state bill (SB26-134) aimed to cut swipe fees is drawing mixed reactions from local business owners and banks.
Credit and debit card swipe fees have risen 70% since the pandemic and reached a record $187.2 billion in 2024 ...
Colorado legislators are proposing to eliminate “swipe fees” on sales taxes, a move that proponents say would save businesses tens of thousands of dollars a year but which will likely revive ...
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: ...
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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 ...
A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...
Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household budgets, according to industry experts. When a credit or debit card is used, banks ...
— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...
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