Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...
Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.
In a video released by Miami Beach Police, two men work as a team to install a credit card skimmer at a local gas station. In less than three seconds, the terminal goes from safe to fully compromised.