» Banks, merchants wage war over credit card #swipefees 


Often at odds, Louisiana banks and credit unions have struck a rare alliance against a measure that retailers insist would save them major costs. The battle is over interchange fees, which credit card and processing companies charge merchants for every transaction that involves the swipe of a plastic card. “You’d be shocked if you see my credit …

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BY: David Muller, Staff Writer

TAGS: Anne Cochran, Bob Taylor, credit care fees, Dick Durbin, Ed Mierzwinski, Federal Reserve, Louisiana Bankers Association, Louisiana Credit Union League, Mel Grodsky, Porter Stevens Men’s Wear, Rick Landry, Zuppardo’s Family Supermarket

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