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 ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

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.

Credit card fraud is the most common form of identity theft, according to the FTC. Nearly 450,000 cases of credit card fraud were reported to the FTC in 2024, and 416,579 cases were reported in 2023.

The Credit Card Competition Act is aimed at reducing credit card fees in an attempt to lower costs for businesses and customers. It's the holiday shopping season, which likely means more use of your ...