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Swipe Fees Driving Up School Costs | Irvine News
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Back-to-school shopping just got pricier—thanks to swipe fees. Banks are charging merchants up to 4% on every credit card sale, and this year, those fees are costing families an extra $34 on school supplies, totaling $3.4 billion. Whether you pay with plastic or cash, you’re paying the price—because these fees are baked into the cost of everything.
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