Every time a server drops a check presenter and you scrawl a tip on the credit card line, you are triggering a small but intricate financial system. Money moves from your bank to a processor, then to ...

The process by which a business collects payment from a credit card transaction involves two steps, authorization and settlement, and three key players: customer, issuing bank and merchant. Many, or ...

While many Americans worry about tariffs potentially boosting inflation, merchants continue to warn of a cost increase that's already certain: credit card swipe fees. Banks, card processors and ...

For most small UK businesses it’s impossible to avoid taking customer payments by credit card. But the fees from these transactions can quickly eat into profits, making it particularly difficult for ...

For years, merchants have battled banks and payment processors over credit card processing fees. That fight has risen to a fever pitch now that a bipartisan bill to curb those fees is on the table.

Visa (NYSE:V), the digital payments firm, and Pismo jointly announced that the Nordic challenger bank Lunar will start Visa card processing with Pismo’s platform as the first bank in the Nordics. The ...