Did the Fed Cave on Swipe Fees?

If you are planning to start a small business in the not so distant future, you may not be aware of an expense that could seriously eat in to your profit margin. It’s call the swipe fee and it’s the subject of some recent rulings by the Fed that have some small businesses upset.

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A New Way to Pay

First there was bartering and trading, then we paid with coins, then paper money, and finally credit cards. Now, the smartphone innovation has brought about a new way to pay and for many, it will allow consumers to eventually leave their wallets at home. The company is Square and they’ve developed a way to pay […]

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