Axios: D.C. aims to crack down on credit card swipe fees
Anna Spiegel / Axios / Published February 20, 2025
Story Excerpt:
D.C. is gearing up to fight a covert charge that can cost businesses thousands of dollars and jack up prices: credit card swipe fees.
Behind the scenes: A number of restaurants, grocery and hardware stores, retailers, and more are also on board. They formed a new advocacy group in conjunction with the legislation: The Fair SWIPE (Small Businesses Working for Interchange Payment Equity) Coalition.