DETROIT - One of Michigan’s largest utilities will soon start tacking on a fee when customers pay gas and electric bills with ...

The change is part of a move to recoup what the utility said it is being charged by third-party payment processers.

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The small portion of each credit card sale that your business pays toward processing costs can add up to thousands each year. Although credit card fees are a cost of doing business, they aren’t set in ...

Is that extra 4% credit card surcharge just business—or something more? Locals are divided over restaurant credit card fees, and the conversation is only getting louder. As more restaurants implement ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Customers who use a credit card to make a purchase are often charged fees, which increases the total cost of everything they buy. A ...

Credit card spending has grown significantly over the past decade, leading to higher costs for businesses. For retail executives, finding ways to reduce these processing fees is crucial to improving ...

Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. House bill proposes 2% cap on credit card fees charged by businesses statewide. New policy includes $500 penalty for merchants ...