Credit card companies make money off the fees, so why would they want to lower them? The pressure for low fees must come from retailers. See also https://news.

Credit card companies make money off the fees, so why would they want to lower them? The pressure for low fees must come from retailers. See also https://news.ycombinator.com/item?id=22277404 https://news.ycombinator.com/item?id=22277404 on the rise of surcharging