The grocery industry, like all merchants, have shouldered rising costs of accepting card payments for decades. But with more Americans preferring to use cards, and as COVID-19 influenced shoppers to transact in new ways, the impact of these costs is growing. FMI is committed to solving the issues that plague the U.S. card payments system.
Every time shoppers use a credit card, retailers are charged a hidden fee. This one-page infographic helps explain these costs and how Congress can make changes to foster competition in the credit card marketplace.