Credit Card Hike In Fees Hurt Small Businesses

Ohio Representative Tom Brinkman Jr. writes an opinion piece for Cincinnati.com about the impacts that rising card interchange fees are having on small businesses. According to Brinkman, "these hidden fees drive up the cost of goods and services for all consumers whether they pay with plastic, cash or check, and it makes it difficult for our community retailers to make a living. Some of my community's retailers paid more in interchange fees to Visa and MasterCard than they made in profit. That's not fair and it needs to change."