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Consumers aren't the only ones who are pressing Congress and the President for changes in the credit card industry. Now
retailers are trying to add the interchange fee to the list of
controversial credit card practices, because they say it's too high and
hurting their business. Every time you use a credit or debit
card at a store, the retailer or merchant has to pay an interchange
fee. This covers the cost of the electronic system used to process the
payment. The fee is typically two percent. Many merchants say these fees are higher than necessary. Read the complete article at http://www.kjct8.com/Global/story.asp?S=10667070
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