Learn about deductible credit card fees for businesses and why individuals cannot claim them. Explore finance charges and tax-related processing fees eligibility.

The recent overall drop in credit scores has been attributed to higher rates of utilization and delinquency, including the resumption of reporting student loan delinquencies. The recent overall drop ...

The banking lobby vowed to appeal the ruling, claiming the new Illinois law will cost them millions in compliance costs.

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 may ask you to pay credit card surcharges, also known as checkout fees, when you pay with a credit card. These fees make credit card purchases more costly, even if it' ...

A retail business advocate says a federal judge’s ruling to uphold the Interchange Fee Prohibition Act paves the way for Main ...

"Every time a customer visits one of my resorts and pays for the experience with a credit card, I’m on the hook to pay an ...

House bill proposes 2% cap on credit card fees charged by businesses statewide. New policy includes $500 penalty for merchants exceeding the 2% charge limit. Fee disclosures would be required at point ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Customers who use a credit card to make a purchase are often charged fees, which increases the total cost of everything they buy. A ...