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Commentary: Swipe fees not a villain to small business

Por: Portland Press Herald Opinion November 29, 2023

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In last week’s op-ed, proponents of the Credit Card Competition Act claim the costs associated with these fees have become a runaway expense for struggling small businesses. The commentary did not tell the whole story, however, potentially misleading readers into believing credit card providers are reaping financial rewards at Main Street’s expense. That is simply not true. Businesses are paying more interchange fees, also known as swipe... + full article



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