Robert Day is the MP at weAudit.com and the author of The Great American Heist: How Credit Card Processors Steal Businesses' Profits. Some credit card processors employ a deceptive tactic known as ...

Retailers say the Office of the Comptroller of the Currency's move to preempt an Illinois law undermines states' powers to ...

Discover how Merchant Category Codes (MCCs) classify purchases for card rewards, tax reporting, and fees. Learn how they ...

Credit card processing fees are essential charges for card payments. Explore the types, rates, and tips to manage these costs effectively. While we’re not completely cashless yet—I still pay for my ...

A group of states are pursuing similar efforts to cap credit card interchange fees, endangering rewards programs that customers value, and raising concerns about an illegal interstate compact, writes ...

CHICAGO - Rising credit card interchange fees are among the top concerns of food retailers, according to supermarket executives interviewed at the Food Marketing Institute show here last week. "The ...

The foodservice industry is transforming at an electric pace and quickly adopting new internal services like scheduling software, digital inventory tracking, digital reservations, and automated ...

The payment service provider charges a monthly subscription fee, plus a small markup on top of interchange, and doesn’t require businesses to sign long-term contracts. NerdWallet's content is ...

Credit card payments have become an integral part of modern business transactions. Credit card payments can be completed in person, online or over the phone. Knowing what credit card payments your ...