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Seventy-seven percent of voters would support the Credit Card Fair Fee Act, according to the results of survey released this week by The Merchants Payments Coalition. The coalition says interchange fees cost retailers and consumers $42 billion last year. "Currently, credit card interchange rates are set in secret, hidden from view, and exclude merchants from the negotiating process," the coalition said in a statement. The survey data also suggest that the issue of credit card interchange fees is bipartisan, as 51% of both Democrats and Republicans surveyed say they "strongly" support the passage of the Credit Card Fair Fee Act. Penn, Schoen, and Berland LLC conducted telephone interviews June 19 among 605 likely voters on behalf of the coalition, which has posted the full poll results on its Web site UnfairCreditCardFees.com.

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