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Many consumers are unaware that when they tap, insert, or swipe their credit card at grocery stores like ours, the business is on the hook to pay a fee to the credit card company and bank.
Some businesses may charge you extra if you pay with a credit card, but there are times when it may be worth it.
which make up more than 80% of the credit card market, generated the majority of last year's swipe fees at $111.2 billion, up from $100 billion the previous year, according to MPC. This is an ...
Mac Hay owns a bunch of seafood restaurants and markets on Cape Cod in Massachusetts, and he said that credit card swipe fees are sort of like taxes. “You just kinda take it as a fact.