Tag: merchant services fees

November 1, 2011 B.J. Kharrazi

When you make a credit card purchase for $100, it costs the merchant about $1.00 in processing fees. It’s unclear why card issuers think they deserve a 2% cut. Most of the attention in recent months has been focused on fees for processing debit cards.  However, in early July, the Federal Reserve limitedd the base more »