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Soaring Credit Card Fees Squeeze Small Businesses
Small businesses face rising credit card swipe fees, costing an estimated $172 billion in 2023 and impacting profitability; consumers increasingly prefer credit cards over cash, driving up costs for merchants, who are exploring strategies like convenience fees to mitigate losses; the Credit Card Com...
Soaring Credit Card Fees Squeeze Small Businesses
Small businesses face rising credit card swipe fees, costing an estimated $172 billion in 2023 and impacting profitability; consumers increasingly prefer credit cards over cash, driving up costs for merchants, who are exploring strategies like convenience fees to mitigate losses; the Credit Card Com...
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