Credit cards are an essential form of payment for millions of Americans, and processing credit card transactions is an unavoidable requirement for merchants. However, each swipe comes with fees ...

Dana Miranda is a Certified Educator in Personal Finance, creator of the Healthy Rich newsletter and author of You Don't Need a Budget: Stop Worrying about Debt, Spend without Shame, and Manage Money ...

A business.com editor verified this analysis to ensure it meets our standards for accuracy, expertise and integrity. Credit card payments accounted for 40 percent of in-store retail sales in 2024.