Get Ready For New Charges On Credit Cards

The next time you swipe your credit or debit card, you may be charged a fee. Businesses can now charge customers a fee for using a credit card for a store purchase or transaction. The idea of charging customers for a credit transaction is the result of a $7.25-billion lawsuit settlement with Visa and MasterCard merchants. The National Retail Federation says that retailers pay about $30-million annually in credit card fees.
Some businesses in Coffee County already ask customers to spend a minimum amount before using credit cards.