Urge Your Members Of Congress To Cosponsor The Credit Card Competition Act
September 12, 2022
Last month, U.S. Senate Majority Whip Dick Durbin (D-IL) and Senator Roger Marshall (R-KS) introduced the bipartisan “The Credit Card Competition Act,” (S.4674) which would ensure retailer choice in payment routing by requiring at least two unaffiliated processors on credit cards, the same process that is used for debit card transactions.
Swipe fees remain the second highest operating cost for convenience stores which costs the industry $138 billion.
Click Here to urge your member of Congress to cosponsor the bill.