NAMA Urges Congress to Pass White House Endorsed Swipe Fee Legislation

On Tuesday, Senators Roger Marshall (R-Kansas) and Dick Durbin (D-Illinois), Representatives Lance Gooden (R-Texas) and Zoe Lofgren (D-California) reintroduced the Credit Card Competition Act. NAMA commends their leadership in support of small businesses across the United States and affordability for American consumers. Image Source: National Automatic Merchandising Association The bipartisan legislation will promote a reduction in non-negotiable credit card swipe fees which have risen 70% since the pandemic. Unattended retail businesses are currently subject to higher swipe fees [read more]