Learn about deductible credit card fees for businesses and why individuals cannot claim them. Explore finance charges and tax-related processing fees eligibility.

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 ...

We all know how convenient it is to swipe our credit cards for everyday purchases. In fact, as of 2022, 82% of U.S. adults had a credit card, making it the most common consumer lending product. In ...

Merchants’ disdain for interchange is well documented, but one aspect of card-acceptance costs that gets drowned out by the outcry over interchange is that rising processing fees are hitting merchants ...

PayPal charges 2.89% + $0.29 per online transaction and 2.29% + $0.09 for POS payments. No monthly fees make it affordable for startups and small businesses.

You know that moment when you're checking out online or paying a bill and suddenly-bam! -a mysterious“processing fee” appears out of nowhere? It's like the ...

Processing fee is an upfront cost charged as a percentage of the loan amount plus the GST. Some lenders occasionally lay out ...