Gas station owners pay processing fees for both debit card and credit card purchases. But fees for debit card transactions — especially when consumers enter a PIN for the purchase — are usually significantly lower than credit card transactions. In Irvine, Calif., roughly 100 gas station owners and retailers rallied last week, holding signs with such messages as: “Wake Up Congress. Stop Hidden Credit Card Fees on Gas.” “In many cases, credit card fees are one of the largest expenses businesses have,” says Mitch Goldstone, a retailer who organized the rally.
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[source: USA Today, Kathy Chu reporting]
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