Op-ed: Credit card reform will help small businesses and consumers - San Jose Spotlight

Visa and Mastercard control 80% of the credit card market, dictating exorbitant 'swipe fees' that now total $100.77 billion, disproportionately affecting small businesses.

Small businesses, burdened by higher swipe fees, struggle to invest in improving customer experience, hiring staff, and keeping prices down, creating a cycle that impacts consumers as costs are passed on.

Read at San Jose Spotlight