Monthly Archives: March 2014

Lawsuits over Card Swipe Fees

Lawsuits over Card Swipe Fees

Credit card swipe fees have come under attack by merchants with two major lawsuits. These fees are what merchants pay to the credit card company (such as Visa, MasterCard, Amex), the credit card issuer (such as Chase, Capital One, Bank of America), and the merchant account processor. The largest portion of the fee is the amount that goes to the…

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