Alex Ellwood

Vice President of Merchant Advocacy

Alex Ellwood is vice president of merchant advocacy at CMSPI, a global leader in retail payments consulting.

Interchange fees

Banks keep piling credit card fees on retailers. Congress must act.

The fees banks charge to merchants have skyrocketed because people are making more purchases using their credit cards during the pandemic. Lawmakers can cap these fees before they further eat into retailers' profits.

By Alex Ellwood

January 11