MPC Hill Blast: Who Swiped the Peeps?
Everyone loves Peeps at Easter. You can even make dioramas out of them. But, once again this year, credit card swipe fees took a lot of the fun out of Peeps. The average family was hammered with $4.62 in swipe fees on Easter spending alone. That is three packs of eight Peeps — swiped right out from under our noses.
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MPC Hill Blast: Fuel Price/Swipe Fee Tracker
Credit card swipe fees currently amount to 9.8 cents on the average gallon of gas and 13.3 cents on the average gallon of diesel, costing American consumers $58.2 million per day.
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MPC Hill Blast: Fuel Price/Swipe Fee Tracker
Credit card swipe fees currently amount to 9.5 cents on the average gallon of gas and 12.8 cents on the average gallon of diesel, costing American consumers $56.3 million per day.
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MPC Hill Blast: 4½ Months’ Worth of Groceries
New data was just reported by The Nilson Report payments industry analyst showing that U.S. businesses paid $198 billion in swipe fees last year, up from $187 billion in 2024. $119 billion of those fees were Visa/Mastercard credit card fees. These fees are up 80% since the pandemic.
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MPC Hill Blast: Fuel Price/Swipe Fee Tracker
Credit card swipe fees currently amount to 9.3 cents on the average gallon of gas and 12.4 cents on the average gallon of diesel, costing American consumers $54.9 million per day.
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MPC Hill Blast: Fuel Price/Swipe Fee Tracker
Credit card swipe fees currently amount to 9.2 cents on the average gallon of gas and 12 cents on the average gallon of diesel, costing American consumers $53.9 million per day.
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MPC Hill Blast: Credit Card Companies Are Inflating Fuel Prices (And the Price of Nearly Everything Else)
Americans buy about 377 million gallons of gasoline per day. The national average price of gas is $3.57 per gallon. If those gallons were paid for with credit cards, the swipe fees on gas sales alone would be more than $31 million PER DAY.
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MPC Hill Blast: ‘Extensive’ and ‘Punitive’ Credit Card Swipe Fee Increases
The calendar has barely turned to 2026, and credit card swipe fees are increasing again. The credit card giants keep pretending otherwise, but year after year they dramatically increase swipe fees.
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MPC Hill Blast: The Hidden Force Pushing Up Gas Prices
Customers don’t see it, but there is a hidden factor pushing up the price of gasoline — and virtually everything else that Americans buy. That hidden force is credit card swipe fees.
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MPC Hill Blast: 'Persistent Cost Pressures'
The James Beard Foundation just issued its annual report on “The State of Independent Restaurants” and the picture is sobering.
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