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Merchants have long shouldered these “swipe fees,” the catchall term for businesses’ payments to banks and card companies each time customers swipe. While a federal rule caps debit card swipe fees at 21 cents per transaction, those for credit cards can be much higher. The card network raised two of the credit card swipe fees it charges banks and processing companies on Jan. 1. The group is pushing for more transparency with credit card fees, more competition among networks and lower fees. Patz Deli in Manchester, New Hampshire, charges customers a 4% convenience fee for credit card transactions to cover the costs of processing fees and credit card equipment.

Persons: Christian Baca, “, Cash, Nilson, ”, Matt Schulz, Doug Kantor, haven’t, it’s, Pat Burns, ” Burns, Dick Durbin, Roger Marshall, LendingTree’s Schulz Organizations: Merchants, Federal, American Express, Discover, Mastercard, NBC News, Visa, LendingTree, Merchants Payments Coalition, Merchants Payments, National Association of Convenience Stores, Electronic Payments Coalition, “, Consumer, The, Sens Locations: Marmaroneck, White Plains , New York, U.S, Manchester , New Hampshire

But amid the hoopla, the company faces questions about whether it has the capacity to stream these events without technical glitches. In the run-up to the big holiday NFL games, Netflix said it studied issues from previous live events and made necessary adjustments. The media operation at the NFL, which entered into a three-year deal with Netflix to broadcast some games, feels confident about the streaming platform’s bandwidth. Netflix has more high-profile live events on the calendar, including weekly World Wrestling Entertainment “Raw” shows that start streaming in less than two weeks. Then, in 2027 and 2031, Netflix will be home to the FIFA Women’s World Cup.

Persons: Cowboy Carter, Mike Tyson, Jake Paul, ”, Patrick, Rock, Greg Peters, Brian Rolapp, Max, “, … Organizations: Netflix, Kansas City Chiefs, Pittsburgh Steelers, Baltimore Ravens, Houston Texans, Fox Sports, Charter Communications, Comcast, NBC, NFL, CNBC, Amazon Prime, ESPN, Warner Bros, CNN, NBA, TNT, NBCUniversal, Paris, Wrestling, FIFA, Hollywood

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