Ten months after the American retailers won a lobbying victory on Capitol Hill against debit card swipe fees, a trade group representing convenience stores is pushing for the government to crack down on similar fees for credit cards. According to a new report from the National Association of Convenience Stores, swipe fees were adding roughly 7 cents per gallon to the price of gas at the beginning of April, with credit card swipe fees alone costing convenience stores $11.1 billion in 2011.
Gas Prices Driven Up By Credit Card Swipe Fees, Convenience Stores Say
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Seeded on Mon Apr 9, 2012 5:47 PM

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