As customers continue to turn away from using cash, businesses say credit card fees are hampering their margins. On Wednesday ...
Customers who use a credit card to make a purchase are often charged fees, which increases the total cost of everything they buy. A bill that sailed through a House committee on Tuesday would cap the ...
Massachusetts businesses could soon be allowed to charge customers fees for using credit cards under legislation that ...
Johnston Democratic Rep. Deborah Fellela wants businesses to be up-front about their surcharges for customers who pay with ...
A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...
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%.
AI-generated summary reviewed by our newsroom. Read our AI Policy. House bill proposes 2% cap on credit card fees charged by businesses statewide. New policy includes $500 penalty for merchants ...