League President Paul Mercer pens op-ed in opposition to harmful Credit Card Competition Act
Published by: Matt Keyes
June 12, 2025 | Uncategorized
In case you missed it, Ohio Credit Union League President Paul Mercer last week penned an op-ed for Cleveland.com outlining the harm of the Credit Card Competition Act and the elimination of interchange fees, otherwise known as “swipe fees.” In the op-ed, he explains how interchange fees pay for critical fraud and security protections for consumers and by eliminating these fees, usually a small percent of any purchase, the Credit Card Competition Act would put consumers at risk. You can read the full story on Cleveland.com here.
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