During the roughly three years since the pandemic, small-business owners have struggled with higher labor costs, increasing rents, and inflation-driven spikes in the prices of supplies. But many ...
Consumers use credit cards for 28% of all payments and more than 90% own a debit card in the UK, according to the British Retail Consortium. A credit card machine allows small businesses to accept ...
Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace of credit cards is taking a growing bite out of their margins.
As a small business owner in Missouri, I was excited to see Sen. Josh Hawley’s recent co-sponsorship of the Credit Card Competition Act. This bipartisan bill, originally introduced by Republican Sen.
Every time a customer at a convenience store pays with a credit card, the store is forced to pay a fee. In 2024, major credit card networks like Visa and Mastercard swiped $148 billion from businesses ...
Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...
Credit card 'swipe fees' are a significant expense for small businesses, often second only to labor costs. These fees, typically 1.5% to 3.5% of a sale, cost U.S. businesses billions annually. Visa ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results