Companies Are Passing Credit Card Processing Fees On To Consumers

Gas stations, restaurants, hotels: Most of us just don't pay with cash at these establishments. We use credit cards, and credit card companies love it. Why? Because they make nearly 150 billion dollars a year in merchant fees. These fees are paid by businesses for the benefit of accepting cards. Today, Chip Lupo from WalletHub joins us on the On Your Side podcast. He tells us the next time you use plastic, look at the receipt because many merchants are passing those fees on to you.

Whether it’s Arizona's housing market, car buying tips, cheap family vacations, how to avoid scams, or just saving money, Gary Harper, Susan Campbell, and the Arizona’s Family On Your Side team are here to make you a more savvy consumer.