Swipe Quotes

Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can't negotiate or control them. They've tried, but they have no leverage against the big banks and issuers. So they get ignored.

Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.

Thankfully, beauty is easier to remove than apply, and a swipe of demaquillage in the right direction and you are you once again.

The reporter is the daily prisoner of clocked facts. On all working days, he is expected to do his best in one swift swipe at each story.

My mom never taught me to be waiting for some prince on a white horse to swipe me off my feet.