Broadcast Retirement Network podcast

The Scariest Halloween Cost: $320 Million in Credit Card Swipe Fees

0:00
13:00
15 Sekunden vorwärts
15 Sekunden vorwärts

Doug Kantor of the National Association of Convenience Stores examines how credit card swipe fees add nearly $320 million to Americans’ Halloween spending, increasing the cost of candy, costumes and decorations. He explains how interchange fees work, why retailers have limited alternatives to dominant payment networks, and how these expenses ultimately affect consumers regardless of how they pay.

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