Wednesday, February 15, 2006

Retailers Welcome Hearing on Secret Credit Card Fees (NRF)

WASHINGTON, Feb. 15 /PRNewswire/ -- The National Retail Federation welcomed a congressional hearing being held today on nearly $40 billion in secret fees that credit card companies force merchants to pass on to consumers annually, saying the hearing could lead consumers to demand that credit card companies disclose and reduce the fees.

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[source: National Retail Federation]