about
us
Credit card interchange fees are an enormous - and growing
- cost for merchants and consumers. The average American household
pays hundreds of dollars a year in interchange fees, which are part
of the cost of virtually every transaction they make. Why? Because
Visa and MasterCard and their card issuing banks collect close to
2% of each transaction directly from the merchant every time a credit
or debit card is used to pay for a purchase. This hidden fee drives
up the cost of goods and services for all consumers whether they
pay with plastic, cash or check.
The Merchants Payments Coalition is fighting for a more competitive
and transparent credit card fee system that better serves American
consumers and merchants alike.
Mission Statement
The Merchants Payments Coalition (MPC) is an organization
representing the nation’s retailers, department
stores, supermarkets, drug stores, convenience stores, gas stations,
and on-line merchants in payment and transaction issues. MPC represents
more than 2.7 million locations and approximately 50 million employees.
The mission of the MPC is to achieve a more competitive
and transparent credit card fee system that better serves American
consumers and merchants alike.
Coalition Members
Food
Marketing Institute
National
Association of Convenience Stores
National
Grocers Association
National
Retail Federation
National
Association of Chain Drug Stores
American
Petroleum Institute
Retail
Industry Leaders Association
Petroleum
Marketers Association of America
National
Council of Chain Restaurants
National
Association of College Stores
National
Association of Truck Stop Operators
International
Association of Airport Duty Free Stores
National
Association of Theatre Owners
American
Beverage Licensees
Bowling
Proprietors Association of America
National
Association of Shell Marketers
Interactive Travel Services Association
Society of Independent Gasoline Marketers of America
For media inquiries:
Christy Moran
202-974-8299
[email protected]
For Website inquiries:
Teri Richman
202-395-0800
[email protected]
For General Information:
Merchants Payments Coalition, Inc.
888 16th Street, N.W.
Suite 300
Washington, D.C. 20006
202-955-1400
[email protected]
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