With swipe fee reform on the chopping block before it has even taken effect, franchisees fly to nation’s capital to ask Congress to stand strong with America’s small business and consumers
WASHINGTON—This week, 7-Eleven franchisees from across Maryland and Virginia plan to meet with their members of Congress and staff to again discuss the urgent need to implement the swipe fee reforms that were passed by Congress passed and signed into law by the president last year.
“I’m fed up,”said Dennis Lane, 7-Eleven franchisee and national spokesman for Reform Swipe Fees NOW! “On behalf of more than 5,000 7-Eleven franchisees, thousands of employees and millions of customers who supported our historic campaign to stop unfair fees, we are going back to Washington to hold politicians accountable for the promises they made, and ask for the protection of much needed swipe fee reform that would benefit real Americans.”
Last year, President Barack Obama signed the Wall Street Reform and Consumer Protection Act, a piece of legislation that included an amendment to reform debit card swipe fees that gathered broad bipartisan support, marking a tremendous victory for convenience store owners and other small owners across the country. In 2009 and 2010, 7-Eleven submitted over 1.6 million petitions signed by franchisees, employees and customers, and conducted dozens of meetings with members of Congress and staff.
In light of proposed legislation to repeal or delay swipe fee reform, 7-Eleven franchisees’ businesses are under threat once again . With their future livelihoods under attack, 7-Eleven franchisees are once again taking time away from their business to go to Washington and hold their representatives accountable for swipe fee reform that was passed last year.
“As a 7-Eleven franchisee in a small town, my employees and I are very involved in the community, in the neighborhood, and in the schools. It’s very rewarding,” said Imtiaz Ahmad, 8-year 7-Eleven Franchisee in Clinton, MD. “But if credit and debit card fees continue increasing, costs will go up for my customers, profits will decrease, and I might not have enough money to pay as many employees. I am going to tell my Congressman that we can no longer afford these high fees.”
Over the next three months, dozens of 7-Eleven franchisees from across the nation will fly to Washington, D.C. to meet with their members of Congress and ask them to keep their promises, stand strong with America’s small businesses and consumers, and to oppose any effort to delay or repeal the swipe fee reform that Main Street fought so hard for.
|WHO:||Dennis Lane, 7-Eleven Franchisee and national spokesman for Reform Swipe Fees NOW!
Imtiaz Ahmad, 7-Eleven Franchisee, Clinton, MD
|WHEN:||Tuesday, March 29 – Wednesday, March 30|
About FZs For Fairness: FZs for Fairness is a project of 7-Eleven. The project unites more than 5,000 7-Eleven franchisees across the United States that are fighting for fair debit and credit card swipe fees, once and for all.