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As Cash Fades, Small Retailers Embrace Efforts to Rein In Swipe Fees

By The New York Times   |   1 year ago
As Cash Fades, Small Retailers Embrace Efforts to Rein In Swipe Fees

Patti Riordan, a small business owner, faces increasing credit and debit card fees due to more contactless payments during the pandemic. This rise in fees burdens small businesses, with total processing fees increasing to $172 billion in 2023.

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