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When is the last time that giant retailers were looking out for the little guys?
o Don’t be fooled – giant retailer propaganda are trying to trick small business owners into thinking federal interchange legislation would help them. Face it – big box retailers aren’t worried about mom-and-pop stores across the country. They’re in this for themselves.
Learn more about the “grave concerns” of small business groups about the harmful effects of interchange legislation for their members »
This legislation is designed for giant retailers – and will leave small retailers out in the cold.
When similar legislation was voted on in last year’s House Judiciary Committee, the Committee actually rejected an amendment that would include only small, local businesses in the legislation.
See how the Committee voted to reject this amendment »
Limiting credit for small businesses couldn’t come at a worse time.
A recent “Small Business Barometer” survey revealed that “87 percent of small businesses surveyed indicated that it is important to have access to a readily available and predictable source of capital.”
Read the full results of the survey »
Many small and minority business owners, in particular, rely on the availability of credit cards to start their businesses.
Read about the further benefits that small merchants receive when they accept debit and credit cards »
Small businesses across the country will be harmed – not helped – by interchange legislation.
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