Small businesses in Charlottetown, PEI, are happy to hear that Visa and Mastercard will charge a lower fee on credit card purchases.
The federal government announced Thursday fees charged to retailers for in-store transactions will go down to 0.95 per cent on average as part of a deal with the two payment-processing companies.
That has local business owners like Renita Gallant, who owns the animal accessory shop Two Beggars, feeling a sense of relief.
“Every little tiny bit helps for a small business. Our margins are pretty low as it is,” Gallant said.
“It’s just really nice to take what
…