Over the last few years, the federal government has shown an increasing interest in credit cards and points and miles. Much of this originated with the proposed Credit Card Competition Act, including ...

Businesses must pay a modest credit card processing fee whenever a customer makes a card-based payment. Fees are often around 1% to 3% of the transaction amount, which merchants pay to their ...

Processing fees for tenants who are required to make online rent payments can add to the cost of living. Is it actually legal?

“The current banking and credit card system redistributes wealth upward, with the middle- and working-class subsidizing ...

The state of Nevada would get a small cut on each and every one. "Just think for a moment of all the credit-card transactions that will happen today on the Las Vegas Strip," he said. "I mean, everyone ...

In 2024 alone, credit card companies across America earned $148.5 billion from these swipe fees, costing American families $1,200 annually out of their gross makings.

That said, the purpose of a processing fee is typically to offset the fee that the credit card company charges your landlord, or the fees associated with using a third-party website to pay rent.