Fair Swipe Act of 2025

The Fair Swipe Act of 2025 prohibits credit and debit card networks from charging interchange fees (swipe fees) on the sales tax and gratuity portions of restaurant and retail transactions in Washington, D.C. It directly affects local businesses, such as restaurants and retailers, which currently pay these fees on tax and tip amounts they do not retain. The bill requires merchants to submit documentation to receive credits for fees already paid, either at checkout or retroactively, and imposes a $1,000 civil penalty per violation for non-compliance. This policy change aims to help businesses retain more revenue by eliminating fees on tax and tip portions of card payments.