EPISODE · Jul 8, 2026 · 15 MIN
Credit card swipe fees cost Americans billions of dollars a year
from Bay Area All Local
Americans lose nearly $200 billion a year to credit card swipe fees, and now, Washington is debating whether to remove the cap on those fees. For more on what that means for your wallet, KCBS Radio News Anchor Steve Scott spoke with Michael Yoshikami, CEO and founder Destination Wealth Management.
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Credit card swipe fees cost Americans billions of dollars a year
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