Excessive credit card processing fees have been rapidly increasing, and small business owners have had no recourse. Now, a bill in the U.S. Senate could inject competition into the credit card market and bring down swipe fees.
Your elected officials work for you, and you are the expert on running your business. Contact your elected officials to push for credit card swipe fee reform.
Small business owners have been concerned about excessive credit card processing fees for years but have had no recourse. Congress is considering legislation to address the rapidly increasing “swipe fee” issue, which would inject competition into the credit card market and bring down swipe fees. One proposal would require most credit cards to have two network options, giving small merchants an option to choose whichever one has lower “swipe fees.”
Act now and urge your elected officials to support reform of credit card processing fees.
