payment

The transaction fees that businesses incur using credit and debit cards cost Americans billions of dollars each year. Despite the availability of alternative, cheaper account-to-account options that cut out the middleman, Americans have been slow to move away from card payment systems due to market mechanisms that hide the true costs of card transactions to consumers, writes Eli Orbach.

Four powerful forces—cryptocurrencies, the decoupling of geographical and monetary boundaries, ad-based digital platforms’ foray into the world of payments, and the value of data—are...

Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...