Robert Day is the MP at weAudit.com and the author of The Great American Heist: How Credit Card Processors Steal Businesses' Profits. Some credit card processors employ a deceptive tactic known as ...

Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.

When it comes to processing credit card payments, you have to spend money to make money. Every player in the payments value chain, including the issuer, acquirer or processor and card network, deducts ...

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 ...