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Credit Card Companies Are Fighting To Keep Their Monopoly And High Fees

Some credit card companies are stifling competition and putting a financial burden on small businesses with high interchange fees, which hardly explains why swipe fee prices have risen, according to the New York Times. I haven't done that. The fees that businesses incur every time a customer makes a purchase using a credit card, known […]

Hunter’s ‘get out of jail free’ card lands just in the nick of time

Joe Biden went down in history not as a unifier or statesman, but as the architect of a bold act of corruption in modern American politics. With the stroke of a pen, Biden pardoned his son Hunter for all wrongdoing from 2014 to December 1, 2024. This act is not an amnesty. It's a blanket […]

Netflix users warned about ‘scare’ scam that could steal credit card information

Netflix and theft. Techsperts is warning Netflix subscribers about an “extremely large” cyber scam in which criminals take over sensitive financial information by sending fake messages. “SMS extortion campaigns targeting Netflix customers are ubiquitous and persistent, but they vary in size and scope,” security firm Bitdefender warned. According to tech site Cybernews. In the latest […]

Shohei Ohtani’s Ippei Mizuhara saga takes $325K baseball card twist

Shohei Ohtani is petitioning a judge to take ownership of $325,000 worth of baseball cards that the baseball star's former interpreter, Ippei Mizuhara, allegedly purchased using Ohtani's money. Mizuhara pleaded guilty in federal court to stealing about $17 million from Ohtani earlier this year in a scandal that shocked Major League Baseball just before the […]

5 Credit Card Rules You Must Follow To Stay Out of Debt – AOL

Abdullah Durmaz / iStock.com While you can get relief with a credit card, emergencyYou don't want to end up in debt due to improper usage, as high interest rates can make repayments difficult. Find: Do student loans affect your credit? Read next: Why skipping your financial advisor can be your biggest money mistake Americans' credit […]

Lawmakers take swipe at credit card transaction fees – WLWT Cincinnati

Since it's the holiday shopping season, credit card usage is likely to increase. And every time you swipe, you incur transaction fees. The fee is often paid by the retailer and may be passed on to the customer. A group of lawmakers is aiming to lower these transaction fees. Retailers currently pay about 2% to […]

Retailers claim credit card swipe fees are driving inflation – Scripps News

Inflation has eased since its peak in 2022, but retailers say credit card processing fees aren't helping to lower inflation. The National Retail Federation sent a letter to the Senate Judiciary Committee this week urging Congress to take action to limit credit card transaction fees. What is a swipe fee? Businesses are charged a fee […]