NRA, NCCR embrace Credit Card Fair Fee Act

WASHINGTON Two major business associations have thrown their support behind a Senate measure that would enable restaurateurs and other businesses to negotiate lower transaction, or interchange, fees with credit card companies and their banks.

Officials from the National Restaurant Association and the National Retail Federation, the parent of the National Council of Chain Restaurants, both said they welcome the Credit Card Fair Fee Act of 2009, introduced by Sen.

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