Swipe fee costs average household more than $1,100
Mass Relators
APRIL 25, 2024
household more than $1,100 last year, the Merchants Payments Coalition said. It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees. By contrast, net profit for general retail averages only 3 percent. That was up from $93.2
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