Market based transactions fees adds more than $100 billion to deliver more health care

Credit Card Fair Fee Act - Stepping Stone to All Access Health Care ™© - H.R. 5546


Interchange fees charged by banks are a significant expense to physicians and other medical care providers who accept credit and debit cards as forms of payment. Fees charges to them range from 1% to 7% for every transaction. It is Transparency LLC's understanding that the Honorable Congressman John Conyers has introduced legislation, H.R. 5546 that regulates and would ensure competitive market-based fees and terms for merchants' (medical service providers) access to electronic payment systems.

The measure would save consumers and vendors billions of dollars annually. Reductions in this fee would
enhance patient access to health care from savings that could be passed along to them by providers.

Transparency LLC applauds efforts to end the monopolistic practices by financial services providers. Transparency asks that you consider providing support for this legislation.





Alfred Jordan
Transparency LLC