Advocates encourage passage of the Credit Card Competition Act during Senate Judiciary Committee hearing. Citing data released by payments consulting firm CMSPI, RILA noted that swipe fees to process ...
Retail Insight Network on MSN

Why US retailers want new swipe fee legislation

US retail groups are urging lawmakers to reform credit card swipe fees, saying dominant networks limit merchant choice.
This story originally appeared on Spotlight PA. A bill that aims to slightly lower credit card “swipe fees” is moving quickly through the Pennsylvania House. But it faces long odds in the state Senate ...
A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...
Total fees increased by more than $15 billion from the previous year. Last December, Rovertown partnered with Weigel's and St. Romain Oil Co., operator of Y-Not Stop c-stores, to integrate swipe fee ...