Washington needs to hear from you, not just the big box retailers who stand to benefit the most. Tell Congress how important credit cards and our electronic payments system are to your business operations.
Tell Congress to protect your credit card and oppose the so-called Credit Card Competition Act with a personalized video.
Write an op-ed to share how our credit card system benefits you and your small business.
Marie Westbrook, 35
Owner of Le Petit Bakery
Jeremy Ranbull, 58
Director of InGenew Dance Studios
Leslie Ardiff, 63
CEO of Pinpoint Factories
Jasmine O’Deveaux, 47
Founder of Point Bit Bout Inc.
Tenth Washington Fly-In Follows SBPA Panel at CHCI Leadership Conference Highlighting Importance of Electronic Payments for Entrepreneurs Washington, DC — Members of the Small Business
The Small Business Payments Alliance welcomes the preliminary approval of the Visa and Mastercard Small Business Credit Card Agreement and the certainty it provides for millions of small businesses that depend on credit cards every day.
Colorado members of the Small Business Payments Alliance (SBPA) applauded Governor Jared Polis’ decision to veto legislation that would have caused chaos for small businesses across Colorado. Small business owners across the state have mobilized against the bill, SB 26-134, based on concerns about its impact on local businesses that depend on credit cards and credit card rewards.
Accepting credit cards provides merchants unique benefits that generate significant
net value above and beyond the cost of acceptance.
The Durbin-Marshall credit card bill was introduced last year in Congress as the “Credit Card Competition Act” (CCCA), and the bill’s sponsors are pushing for a vote this fall. The proposed legislation is a direct threat to the electronic payments and rewards system and would have a major negative impact on small business owners who use credit cards and rewards to support their businesses. Despite its name, the legislation would circumvent the competitive market with a new government routing mandate that would dictate processing networks, without regard to security or quality.
Credit cards are very popular among U.S. consumers. By year-end 2024, there were 608 million open general purpose card accounts, a 35% increase since 2018.
Consumers prefer using electronic payments when making purchases at small businesses. As consumer preferences continue to shift towards using cards and digital payment apps
over cash, small businesses that accept these payments offer a better customer experience and generate higher sales, allowing them to better compete with larger firms.
New data from the Small Business Payments Alliance once again reaffirms the value of credit cards for small businesses. According to consumer surveys and research gathered over the first quarter of 2024, credit cards continue to provide crucial benefits to small businesses.
Tenth Washington Fly-In Follows SBPA Panel at CHCI Leadership Conference Highlighting Importance of Electronic Payments for Entrepreneurs Washington, DC — Members of the Small Business
The Small Business Payments Alliance welcomes the preliminary approval of the Visa and Mastercard Small Business Credit Card Agreement and the certainty it provides for millions of small businesses that depend on credit cards every day.
Colorado members of the Small Business Payments Alliance (SBPA) applauded Governor Jared Polis’ decision to veto legislation that would have caused chaos for small businesses across Colorado. Small business owners across the state have mobilized against the bill, SB 26-134, based on concerns about its impact on local businesses that depend on credit cards and credit card rewards.
Accepting credit cards provides merchants unique benefits that generate significant
net value above and beyond the cost of acceptance.
