For many small businesses, accepting debit and credit cards is a necessity. In 2022, 44% of Americans used cash for some purchases, but 41% went cashless during a typical week, according to Pew ...

A payment card surcharge or checkout fee is when a business passes the credit card processing cost (the interchange rate charged by card networks) to customers. It can’t be added to prepaid cards or ...

Running a business comes with enough challenges—managing operations, serving customers and staying ahead of competitors. But there may be a silent drain on your profits that often goes unnoticed: A ...