Main Street
Over Swipe Street
If you own a business that
accepts credit cards,
you know the truth.
Processing fees are eating into your bottom line with every swipe. For most small businesses, these fees have become one of your highest operating costs after labor and inventory — often exceeding your profits.
The Fair SWIPE (Small businesses Working for Interchange Payment Equity) Coalition is working to level the playing field between Main Street and Wall Street by ending unfair credit card fees on sales tax and gratuities.
Every year, businesses pay
in swipe fees just for
collecting sales tax.
The Issue
Your business pays credit card fees just to collect taxes for state and local governments.
If you accept tips, credit card companies take a cut of your workers' gratuities.
These fees are among the fastest-growing costs for businesses like yours.
American businesses pay the highest credit card fees in the industrialized world.
Whether you run a restaurant, retail shop, hardware store, salon, or any other local business — these fees impact you daily.