US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.
Point-of-sale (POS) systems can be complex, ultimately doing so much more for a business than simply processing payments. While payments are at the heart of POS, we research a detailed combination of ...
Credit card spending has grown significantly over the past decade, leading to higher costs for businesses. For retail executives, finding ways to reduce these processing fees is crucial to improving ...
Retail payments have changed significantly over the past few years. What was once a simple swipe-and-sign process has evolved ...
The best credit card processing companies offer simple processing services at reasonable rates to small business owners. These companies also need to provide certain features, such as reporting ...
As a small business owner, you know that accepting credit cards comes with a cost. Expanding your customer base to cardholders can create massive profits, but it can also swamp you in expensive swipe ...
Credit card processing scams come in all forms. They can be a phone call from an alleged merchant service provider saying your card terminal needs updating or an email offering rate reductions.