Your Email:
Your Name:
To:
Subject:
Message: CREDIT CARD FEES ADD $169 MILLION TO COST OF VALENTINE’S DAY WASHINGTON, D.C. February 13, 2007 – Visa, MasterCard and their affiliated banks will receive a one-day Valentine gift of $169 million this year because of hidden “interchange” fees collected on transactions during the holiday, the Merchants Payments Coalition (MPC) said today. “Visa and MasterCard are plucking a few petals off every rose this Valentine’s Day,” MPC Chairman Mallory Duncan said. “Whether it’s a bouquet of flowers, a box of chocolates or a diamond ring, credit card companies are seeing a windfall because of their secret interchange fees that drive… Go to http://www.unfaircreditcardfees.com