Banks are crying foul over a PA proposal to cut credit card ‘swipe fees’
Banks are crying foul over a PA proposal to cut credit card ‘swipe fees’
www.spotlightpa.org Banks are crying foul over a PA proposal to cut credit card ‘swipe fees’
Sheetz, other merchants are backing a PA bill that would cut credit card ‘swipe fees,’ but companies like JPMorgan Chase and Wells Fargo oppose it.
![Banks are crying foul over a PA proposal to cut credit card ‘swipe fees’](https://lemmy.world/pictrs/image/26b1ae3a-a646-49bb-a15c-67997270725b.jpeg?format=webp&thumbnail=256)
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Essentially—
Government: we propose a bill to reduce the profits of banks
Banks: 😡
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