Small business owners have been concerned about excessive credit card processing fees for years but have had no recourse. Not anymore. Congress has introduced legislation to address the rapidly increasing "swipe fee" issue. The Credit Card Competition Act will inject competition into the credit card market and bring down swipe fees. This bill requires most credit cards to have two network options, giving small merchants an option to choose whichever one has lower "swipe fees."

Act now and urge your elected officials to support the Credit Card Competition Act.

---

Personalized messages get the attention of lawmakers! In addition to the form letter provided, consider sharing: How much are you paying in credit card swipe fees? My business pays $15,000 per year in swipe fees, which prevents me from hiring another employee. Where do credit card swipe fees rank as a cost to your business? After labor and health insurance, credit card swipe fees are my most expensive line item. If those fees decrease, I would be able to spend more money in marketing and growing my business.