While many Americans worry about tariffs potentially boosting inflation, merchants continue to warn of a cost increase that's already certain: credit card swipe fees. Banks, card processors and ...

Grocers pay a lower rate than other businesses and they tend to have more recurring customers, making them less likely to implement credit card surcharges. The convenience of swiping your credit card ...

In 2024, a 2.6% processing fee began being collected on all credit and debit card transactions at most city facilities. The extra charge was implemented when the city’s credit card processing vendor ...

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...