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> Card fees and their effect on businesses have caught the attention of some in Congress. > Lawmakers recently reintroduced legislation in both the House and S
by heliodor 3y ago
> Card fees and their effect on businesses have caught the attention of some in Congress.
> Lawmakers recently reintroduced legislation in both the House and Senate that would give merchants the ability to process many Visa and Mastercard credit cards over alternate networks. A similar rule already exists for debit cards.
> The bill could potentially lower the fees that merchants have to pay. The House and Senate bills have each been referred to a committee.