All you have to do is look at the type of groups signing this letter -- independent, local, Main Street, community, small business -- to see who is calling the loudest for relief from soaring #creditcard #swipefees by passage of the #CreditCardCompetitionAct .
“Senator Dick Durbin is right: banks and airlines are taking away peoples’ rewards by devaluing them and making them hard to use,” MPC Executive Committee member & NACS general counsel @doug_Kantor says.
#CreditCardCompetitionAct #creditcard #swipefees tinyurl.com/yc7r69xk
Chairman Durbin calls credit card, airline CEOs to testify B4 his Judiciary panel on #swipefees April9th after picking up 2 more co-sponsor colleagues. Senators know this old song: “Clowns to the left of me; Jokers to the right; Here I am #stuckinthemiddle with you”
MPC agrees with Sen. Dr. Roger Marshall: “For too long, the Visa-Mastercard duopoly has used its money and influence in Washington to turn politicians’ eyes away from predatory #swipefees .”
#CreditCardCompetitionAct #creditcard @doug_Kantor NACS tinyurl.com/bdxv4kvk
Don’t ever allow yourself N2 thinking that #USSenators don’t pay attention to #swipefees since they often ask somebody else to “cover” theirs - Credit Card Competition Act
Business owner Susanne Waltz says #creditcard #swipefees are “a hidden tax on hard-working Mainers.” She thanks Sen. Susan Collins for “recognizing the burden they place on small businesses” & calls for passage of the #CreditCardCompetitionAct . Portland Press Herald tinyurl.com/3byfrcnr
Without the #CreditCardCompetitionAct , NC state Senator Michael Lazzara says “merchants and consumers remain vulnerable to foreign #creditcard networks that pose a threat to #nationalsecurity ” like China’s UnionPay Intl.
#swipefees Senator Michael Lazzara tinyurl.com/ymufcau2
#Swipefees
With soaring swipefees now costing the average family over $1,100 a year, “It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees.”
#CreditCardCompetitionAct
Small business owner Balal Khan says #creditcard #swipefees are “a significant strain that affects our bottom line.” He calls on Connecticut lawmakers to back the #CreditCardCompetitionAct .
CT Insider Shahani Inc Richard Blumenthal tinyurl.com/p92xfmwd
Are credit card fees the new #Valentine 's Day gift? #Swipefees cost as much as a piece of chocolate or greeting card and could cut into consumer spending. Treat your business and offset 100% of card processing fees with #CashDiscount . Learn more: hubs.ly/Q01CgfbD0
So, what does the Credit Card Competition Act mean for you?
$1.5 billion per year
Contact your Senators today, and let them know it's time to fix the broken credit card marketplace by passing the Credit Card Competition Act.
#swipefees #fuelingnevada
A vote on the Credit Card Competition Act could be expected to happen as early as Wednesday, July 26. We’re calling on our members to contact their Senators & vote for the bill. It's time to pass the #CreditCardCompetitionAct to bring soaring #creditcard #swipefees under control.
Rising credit card #swipefees have left some #startup founders fuming like Hades!😡 Our latest blog post has 4️⃣ tips to help you manage these costs. bit.ly/3DcOVo9
#Inflation #BeBryllyant
💳🌹 Rising swipe fees may cost consumers ~$800M this Mother's Day. It's time for Congress to pass the Credit Card Competition Act and bring fairness to the payments market. Learn more: hubs.ly/Q01Nn9P10 #MothersDay #SwipeFees #CreditCardCompetitionAct
With #swipefees “exploding,” a new report from CMSPI says the #CreditCardCompetitionAct would “conservatively” save $16.4 billion a year. That’s a modest hit to the card industry but very significant to small businesses and consumers who pay these fees. tinyurl.com/8ed8bx93
Last year, legislation was introduced to reduce swipe fee costs for small business owners. Here are the key details you need to know about this act and how it might significantly impact your business. bit.ly/3ZtuLzr #TuesdayThoughts #SwipeFees #BusinessLoans #Funding
Co-owner of @ljcafe, shares how #CreditCard #SwipeFees could be going to strengthening the value behind company culture.
Senator Ted Cruz & Senator John Cornyn, please support the @LanceGooden #CreditCard CompetitionAct to restore free market competition & save Texans $15B a year. #TXLege
Owner of The Red Brick Tavern shares how #Creditcard #swipefees are an expense to restaurants and the community. Senator Ted Cruz & Senator John Cornyn, please support @LanceGooden #CreditCardCompetitionAct so we canrestore free market competition & save Texans $15 a year.
#TXLege #TXRestaurants
The managing partner of George's #2, shares how #creditcard #swipefees are driving a lose-lose situation for customers and restaurants.
@TedCruz & Senator John Cornyn, support the @LanceGooden#CreditCardCompetitionAct to restore free market competition and save Texans money. #TXLege