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NRF Renews Call to Pass Swipe Fee Legislation
The following statement may be attributed to National Retail Federation following the reintroduction of the Credit Card Competition Act.
“NRF commends Senators Roger Marshall, R-Kan., and Dick Durbin, D-Ill., and Representatives Lance Gooden, R-Texas, and Zoe Lofgren, D-Calif., for their steadfast leadership in challenging the credit card swipe fee duopoly. The Credit Card Competition Act is essential to leveling the playing field for millions of American businesses that currently lack any control over the non-negotiable fees tied to every card transaction.
“By fostering much-needed competition, this bipartisan legislation will provide direct relief to both retailers and consumers...