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It turns out merchants don’t care much about swipe fees after all

2 years 6 months ago
Up until 2010 merchants weren't allowed to charge extra for purchases made by credit card even though they had to pay swipe fees every time one was used. But that year the Department of Justice settled a lawsuit against the big credit card companies which put an end to this prohibition. Since then, subject to ...continue reading "It turns out merchants don’t care much about swipe fees after all"
Kevin Drum