Business Accounting
Credit Card Swipe Fees Continue to Threaten Small Businesses. Congress Should Act.
The higher a credit card's rewards, the higher its fees. For many merchants, the fees are now higher than their profit margins.
Matt Mackowiak is president of Austin, Texas and Washington, D.C.,-based Potomac Strategy Group. He's a Republican consultant, a Bush administration and Bush-Cheney reelection campaign veteran and former press secretary to two U.S. senators.
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