01.02.24 -- Credit Card Swipe Fees Burden Merchants And Consumers

Swipe fees charged by credit card companies, which merchants must pay and often pass on to consumers, have become a high cost for businesses, leading to higher prices for goods and services.

The cannabis industry's growth stagnated in 2022 and remained sluggish in 2023, leading VARs and ISVs to reconsider their investments in the sector, as discussed in a recent RSPA Cannabis Community meeting.