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EU could teach US in regulating credit card fees – The Hill (blog)



EU could teach US in regulating credit card fees
The Hill (blog)
In the U.S., banks can gouge merchants with impunity on the “swipe” fee merchants pay to process credit-card transactions. On a $150 grocery-cart's worth of food, the fee can be as much as $4.50, while it costs the bank literally pennies to process the ...

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