b'LEGISLATIVE REPORTLEGISLATIVE Legislation TargetsCredit Card Swipe FeesED WELCH // PVA LEGISLATIVE DIRECTORB ipartisan legislation recently in- petition into the credit card industry,customer pays with a credit card. The troduced in the U.S. Congresshopefully leading to lower swipe feesbillsareknownastheCreditCard is intended to inject more com- chargedtoamerchantwheneveraCompetition Act.In the Senate, S. 1838 was introduced bySenatorsDurbin(Democratof Illinois)andMarshall(Republican of Kansas). The House sponsors are Representatives Gooden (Republican Public Tickets &of Texas) and Lofgren (Democrat of Private Charters California); the bill is H.R. 3881together at last Aswipefeeisassessedeverytimea credit card is used in a merchant-con-sumertransaction.Typically,the EFFORTLESSEFFORTLESS swipefeeamountstobetweentwo RESERVATIONS CONTRACTS and three percent of the total cost of + TICKETING for Private Charters the sale. The amount of the fee cannot for Public Cruises and Group Bookings be negotiated by the merchant.Integrated online,Custom PDF contractsAccording to the National Restaurant phone and walk-upwith fully-trackable bookings versioning Association, swipe fees have gone up by about 20 percent in the past year Automated conrmation,Support for privateand have doubled over the last decade.reminder and follow-upcharters, schools and emails tour groups VisaandMastercarddominatethe Marketing and SearchDetailed reports forcredit card transaction processing in-Engine Optimizationevent planning anddustry. The legislation seeks to create (SEO) nancial tracking morecompetitionwithinthecredit Personalized set-up,cardnetworkmarketbymandating training and supportResource tracking forthat a covered card issuer offer (and included multi-use inventory amerchantcanchoose)atleastone cardnetworkotherthanVisaand Mastercardforroutingmostcredit card transactions.Manage your entire business from a single,A network is different than a credit integrated platform card issuer. Issuerslike Capital One, SCHEDULE A DEMOWWW.STARBOARDSUITE.COMFOGHORN 26'