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Article posted: 2/2/2013 7:07 AM

Small retailers say 'No thank you' on credit card fees

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Thousands of retailers in 40 states now have the right to charge customers the fees that come along with using credit cards. They won that right as part of a settlement of a class-action lawsuit brought by merchants against the credit card companies Visa and MasterCard and major banks that issue credit cards.

Associated Press/January 2011

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Gretel-Ann Fischer already told customers that she won't accept credit cards for purchases under $5 at her Vermont bakery. The last thing she wants to do is anger them by passing along the transaction fee she has to pay each time they use plastic. "It's just not going to happen. It's hard enough to get them to accept the $5 minimum," says Fischer, who owns Cupps Cafe and Bakery in Winooski, Vt.
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