“Mind-boggling” Card Fees at the Pump: $2 Per Gallon!

PYMNTS.com | April 26, 2012

Current prices at the pump don’t seem to be delivering the savings regulators hoped would result from interchange caps to end users. Indeed, some reports have argued that certain groups of merchants are enjoying massive “subsidies” from swipe fee regulation, and that none of the value is being passed on to consumers.

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