Industry experts say credit card swipe fees are taking a chunk out of Americans' spending power. But Electronic Payments Coalition claimed these processing costs are among the lowest.

The largest credit card companies in the United States reached an agreement with merchants last month to reduce the so-called swipe fees retailers pay for accepting credit card payments ...

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 ...

As owner of a family of small local gift shops, credit card “swipe” fees are my third-highest cost, coming only after payroll and rent. In 2022, I paid a staggering $75,000 in swipe fees.

A bipartisan bill focused on credit-card swipe fees has failed to gain traction for years, but it has another shot in the U.S. Senate this week thanks to a separate measure focused on the ...

Credit card companies don't work for free. Every time you use one, the store you're buying from is charged a "swipe fee" — and that charge will get passed down to you in higher prices.

Credit cards have become an indispensable tool for both consumers and businesses alike, but they also come with a hefty price tag in the form of credit card swipe fees.

As Americans, we are currently subject to the highest swipe fees found anywhere in the industrialized world. Averaging between 1.5% and 3.5% of a total purchase amount, these fees are charged to ...