La Prensa San Diego

The Secret Tax

Think twice before you swipe! Every time you use a credit card, Read more…

Published:
Updated:
1 min read

Think twice before you swipe! Every time you use a credit card, you’re being charged a hidden fee. This secret tax takes a percentage of your transaction when money is transferred from your bank account to the merchant’s account. These fees, worth $45 billion annually, land directly in the pockets of large corporations. For perspective, that’s almost as much as Michigan State’s annual budget.


Via: Point of sale software

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