About author
- Author's profession: Journalist
- Nationality: american
- Born: January 14, 1919
- Died: November 4, 2011
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Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.
Peter Welch