Trump targets card swipe fees
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Kentucky's economic health relies heavily on the prosperity of its businesses, both big and small. But with prices continuing to rise, small businesses like mine that comprise more than 99% of companies in the state, are struggling to absorb the added ...
Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers and local merchants. | Opinion
As families shop for the holidays this year, many are grappling with the challenge of making their dollars stretch and wondering why things cost so much whether it’s gifts or groceries. Part of the answer lies in credit card “swipe” fees charged to ...
Many small businesses are facing increased financial strain due to swipe fees, which can average around 2%. It’s an added financial challenge for entrepreneurs. It’s one thing that customers love, but small businesses generally hate. Although credit ...
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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 state’s dynamic small business community. Lawmakers in ...
Marylanders are no strangers to the strain brought on by stubbornly high expenses. Our state’s cost of living remains 13% higher than the national average, so it’s clear we need action from Congress to help with the financial strain many of us are feeling.
PHOENIX (AZFamily) — For years, credit card swipe fees have been criticized. As of Jan. 1, Visa raised two of the credit card swipe fees it charges banks and processing companies. With the new increase, small businesses are worried that these fees may ...
HARRISBURG – A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate and has drawn vehement opposition from banks and credit unions. Financial ...
Under a new bill introduced this month, Washington state could lead a nationwide charge in addressing the ballooning “swipe fee” problem; fees that cut into small businesses’ profit margins and raise the costs of goods. Given Washington’s status as ...