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Fee Relief?

With every swipe, credit card companies are demanding more from merchants.

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This story appears in the September 2007 issue of Entrepreneur. Subscribe »

New developments continue to fuel the conflict between retailers and credit card companies over fees for processing credit card transactions, known as interchange fees. Merchants paid Visa and Mastercard (along with their member banks) more than $36 billion in interchange fees in 2006, according to the Merchants Payment Coalition, an association representing retailers that accept debit and credit cards.

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