Local retailers get equal billing with national merchants like Walmart in a new merchant-funded rewards program developed by credit unions. As merchants seek alternatives to paying swipe fees ...

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 ...

Merchant accounts are essential if you want to run a business that accepts debit and credit card payments. Not doing so can impede on your ability to attract customers and grow your business. Luckily, ...

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 ...

The Federal Reserve is preparing a proposal that would lower the fees merchants pay to many banks when consumers shop with debit cards. Today, merchants pay large card issuers 21 cents plus 0.05% of ...

Merchants are increasingly levying surcharges on purchases made with credit cards to help offset processing fees, a new study from J.D. Power finds. Some 34% of merchants surveyed are adding ...

The Federal Deposit Insurance Corporation last month announced three orders against Discover Bank, Greenwood and its parent that resulted in a nearly $1.4 billion settlement. The bulk of that amount ...