Surcharging, where merchants tack on a fee, often 3%, for credit card use, is on the rise. This poses potential revenue challenges for banks' credit card business as well as opportunities for ...

A recent report found that 83% of point-of-sale (POS) payments in 2022 consisted of credit, debit, and digital wallet transactions. Indeed, consumers appreciate the convenience of paying with credit ...

Businesses in what are considered “high-risk” industries can have a hard time finding a credit card processor or merchant account provider to handle their payments — and when they do find one, they ...

Cross River Bank has added an in-house card processing engine, adding to its bespoke Fintech offerings. Cross River now controls the complete card technology stack — from issuing to processing. Aion ...

LAFAYETTE, La. (KLFY)– Hidden costs or rising fees for credit card processors can feel like a scam. Anna Bourgeois, Vice President of Vaulted Security, said if processing fees go unchecked, businesses ...