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. billion in swipe fees for Visa and Mastercard credit cards alone, which account for more than 80 percent of the market. By contrast, net profit for general retail averages only 3 percent. Last year’s total included $100.8
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