Stop Swipe Fees on Taxes and Tips

Rhode Island small businesses pay thousands annually in swipe fees on taxes and tips that they don’t keep.

Swipe fees have become one of the highest operating costs for restaurants. Today, Rhode Island businesses pay credit card fees on taxes and tips, money they don’t keep. The average restaurant loses about $9,000 each year, while consumers pay an estimated $1,200 more annually as those costs are passed along.

H7607 and S2344 would change that.