Urge Congress to Support the Credit Card Competition Act!


Senator Marshall (R-KS) has filed the “The Credit Card Competition Act” (CCCA) as an amendment to the Federal Aviation administration (FAA) reauthorization legislation currently pending on the Senate floor. While it is still unclear which amendments will ultimately be considered, the credit cards companies and big banks are unleashing their grassroots on the Hill to oppose it. The amendment’s passage would ensure retailer choice in payment routing by requiring at least two unaffiliated processors on credit cards– the same process that is currently used for debit card transactions. Swipe fees are the second highest operating cost for convenience store retailers and while these fees continue to rise because of inflation, Congress can help now by approving the CCCA!

The PPA urges all jobbers and retailers to reach out to their Senators and ask them to VOTE YES on the Credit Card Competition Act amendment. This amendment would reduce swipe fees and allow retailers a choice of network to handle the transaction through competition which would save Americans and businesses around $16.4 billion in swipe fees per year.

CLICK HERE TO URGE SENATORS TO SUPPORT THE CREDIT CARD COMPETITION ACT