My Way News - Visa, MasterCard in $6B settlement over card fees
....the settlement is a victory for small businesses across the country because it could ultimately lead to banks lowering the fees they charge stores for customers' credit card purchases.
Landis, who owns Pittsburgh-based financial services firm Basic Business Concepts, said that would be a big relief.
She's now paying 3.75 percent each time a customer pays with a credit card.
If bank card companies reduce the fees they charge her to 2.75 percent, she would save a dollar on every $100 in sales.
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