New Jersey 101.5 » Senator Robert Gordon http://nj1015.com New Jersey News Tue, 21 May 2013 07:30:38 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Stop the Swipe Fee Bill Proposed [POLL] http://nj1015.com/stop-the-swipe-fee-bill-proposed-poll/ http://nj1015.com/stop-the-swipe-fee-bill-proposed-poll/#comments Thu, 31 Jan 2013 17:44:24 +0000 Ray Rossi http://nj1015.com/?p=224248 You knew it wouldn’t be long before the legislature came up with a way to prohibit businesses that accept credit cards for purchases to put an end to the practice of charging a swipe fee.

The swipe fee is the 1 to 4 percent surcharge the credit card company charges the retailer when purchases are made with a credit card

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