Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Key ...

The US Senate is expected to consider the Credit Card Competition Act (CCCA) as an amendment to cryptocurrency legislation, a move that retail groups say could help reduce consumer costs amid ongoing ...

Local business owners are getting hit hard with rising credit card processing fees, often racking up thousands of dollars a month and leaving no choice but to pass along the cost to consumers. The ...

The small portion of each credit card sale that your business pays toward processing costs can add up to thousands each year. Although credit card fees are a cost of doing business, they aren’t set in ...

A credit card processor enables businesses to accept debit and credit card payments from their customers. Generally, payment processing services cost a percentage of each card-based transaction they ...

A Washington D.C. bill would prevent banks and credit card companies from collecting processing fees on sales tax and gratuities—charges that businesses don’t even keep. But not everyone is on board ...

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...