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Message: MERCHANTS WELCOME HOUSE SCRUTINY OF HIDDEN FEES AND OTHER ABUSIVE CREDIT CARD PRACTICES Washington, D.C. - April 27, 2007 - The Merchants Payments Coalition (MPC) welcomed comments by Rep. Melvin Watt (D-NC) criticizing the hidden credit card "interchange" fee that credit card companies charge merchants whenever a customer makes a purchase using a credit or debit card. At a House Financial Services Subcommittee hearing yesterday looking into credit card industry practices and regulatory issues, Rep. Watt singled out interchange fees as a particularly serious problem. "Another major issue is interchange fees, hidden charges that nobody has focused on yet, but… Go to http://www.unfaircreditcardfees.com