Retail payments have changed significantly over the past few years. What was once a simple swipe-and-sign process has evolved ...
As a small business owner, I have had to get comfortable with the unexpected - COVID, supply chain issues, record inflation to name a few. But over the years, we’ve learned to roll with the punches ...
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 ...
Running a restaurant in downtown Minneapolis has never been simple. I’ve seen the highs, when bars and restaurants were packed with fans during the Super Bowl in 2018, and I’ve seen the lows, when ...
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 ...
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 ...
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 ...
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(The Center Square) – A longtime small business advocate has launched a new website to help store owners explain credit card surcharges to their customers. Karen Harned, who led the National ...
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