A proposal to lower the swipe fees paid by retailers to big banks for debit card transactions is pending—and you can help us push it across the finish line.
The Board of Governors of the Federal Reserve System opened a 90-day comment period for impacted parties to weigh in on the regulation. Lowering the debit card swipe fee cap to $0.17 is estimated to save retailers and consumers $3 billion annually.
Weigh in with the Federal Reserve before the May 12 deadline to save small businesses and consumers billions of dollars in processing fees.
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