Credit Card Competition Act is needed
To the editor, It is in the DNA of small businesses to do everything possible to keep prices down while serving their communities. But there’s one cost businesses can’t control and it’s being passed down to people across Ohio and the country. The swipe fees that are charged every time a customer pays with plastic are a hidden cost that we need to address. The fees are set by a duopoly, and the lack of competition means small businesses and consumers are left with no choice. The nearly $3.5 billion (https://insights.cmspi.com/ccca-25) a year Ohio spends in swipe fees are dollars ...