Surcharging, where merchants tack on a fee, often 3%, for credit card use, is on the rise. This poses potential revenue challenges for banks' credit card business as well as opportunities for ...

Cross River Bank has added an in-house card processing engine, adding to its bespoke Fintech offerings. Cross River now controls the complete card technology stack — from issuing to processing. Aion ...

Consumers are increasingly paying more at the register as credit card processing fees are passed along to customers — a trend that is now extending to utility bills. Credit card processing fees are ...

Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

LAFAYETTE, La. (KLFY)– Hidden costs or rising fees for credit card processors can feel like a scam. Anna Bourgeois, Vice President of Vaulted Security, said if processing fees go unchecked, businesses ...

Consumers don't realize that their credit card payments involve more than the banks that issued them the card, because there are more than five entities involved in the transaction to mitigate risk, ...

Merchants in Illinois asked a federal judge to leave in place the state’s ban on charging “swipe fees” on the portions of card payments that cover sales tax and workers’ tips, arguing the measure ...

For many people, credit cards are a part of everyday life. There’s a good chance you’ve got a card or two in your wallet and that you regularly use them for payments. But there’s more to cards than ...