Many credit card issuers, including American Express, Bank of America, Chase and Citi®, provide cash-back offers that can be added to eligible credit cards. For instance, with Citi, these offers are ...

Two of the world's largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, agreed to settle a decadeslong antitrust case brought upon by merchants. The ...

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 ...

WILSHIRE BLVD. — Shopping for new shoes or groceries for tonight’s dinner? What about a birthday gift for a friend? It’s easy — just pull out the plastic. But what shoppers might not realize is that ...

A proposed settlement to long-running litigation over credit card fees could mean you could pay more at stores to use certain types of credit card, or even have your card rejected. Visa and Mastercard ...

When a merchant accepts credit card payments, it pays an interchange fee charged by the credit card company to process each card transaction. Interchange fees can chip away at a merchant’s bottom line ...

The way it works in the credit card industry, the acquirer owns the POS terminal and rents it to the merchant, who places it in its physical premise. Ergo, even though the common man sees a "POS ...