In an unprecedented move to tackle soaring credit card debt, Republican Senator Josh Hawley and independent Senator Bernie Sanders introduced a bill aimed at capping credit card interest rates at 10% for five years. The bill seeks to offer much-needed financial relief to working families
Imagine going to your favorite local café, ordering a cup of coffee, and then being asked to pay a small extra charge just because you're using your credit card. This isn't a hypothetical situation; it’s becoming a reality for an increasing number of small businesses in the U.S. According to a
In recent months, the payment industry has faced significant transformations, marked by notable leadership changes at three prominent companies: PayPal, American Express (Amex), and Wells Fargo. These shifts occur amid the rapid advancement of consumer payment methods, as businesses strive to adapt
Acquiring a business bank loan can be a pivotal decision for any business owner. Understanding the intricacies of business bank loans, including their benefits, drawbacks, and how they compare to alternative funding methods, is crucial. This knowledge allows business owners to make informed
TransferMate, an Irish business-to-business payments company, has been named a payment service provider for Amazon. This development comes as a boon for Amazon sellers who now have the advantage of receiving their sales disbursements in their preferred currency, significantly enhancing their
Worldpay, a global payment processing company, is leveraging advanced data-sharing techniques and artificial intelligence (AI) tools to effectively combat fraud. Following its acquisition by Chicago private equity firm GTCR, Worldpay has been channeling a portion of its $1.25 billion growth capital
