US merchants increasingly rounding cash payments and adding credit card surcharges amid penny production halt and rising swipe fees
Following the U.S. Mint's halt of penny production last year, many merchants have started rounding cash transactions to the nearest nickel. States are enacting laws to govern this practice, and a federal bill, the Common Cents Act, has passed both House and Senate, though differences need resolution. Concurrently, more small merchants are imposing credit card surcharges to offset increasing "swipe fees," which averaged 2.35% of purchase price in 2024. A pending antitrust settlement aimed at reducing these fees is largely opposed by retailers.
Source:CNBC头条 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
BCUG Coin Analysis: The Current State of Blockchain Cuties Universe Governance Token and Market Liquidity
-
2
CHP Coin Trading Guide: Understanding the Uses and Acquisition Methods of CoinPoker Tokens
-
3
AGGL Coin Value Analysis: Extremely Low Market Activity, Questionable Investment Prospects
-
4
An Analysis of the Current State of Virtual Currency Regulation and Trading Risks in Mainland China
-
5
BCB Coin: Analyzing its Value and Investment Potential
-
6
OGN Trading Depth Analysis: Top 10 Essentials for Beginners
-
7
Virtual Currency Exchange Platforms and Software: Mainstream Choices and Feature Analysis
-
8
What is FEED Coin? An Analysis of the Charity-Oriented Token FEED Project and its Market Status
-
9
Bitcoin Price Continues to Rise: Analysis of Three Core Driving Factors
-
10
PROPS (Propbase) Buying and Trading Guide: Exchange Listings and Market Status Analysis
Markets Today
Recommended Reading












