Swipe fees, also known as interchange fees, can significantly affect merchants' profit margins. These fees are charged to businesses every time a customer makes a card transaction. High swipe fees can eat into small businesses' revenue, making it challenging for them to stay afloat. Merchants often have no control over these fees, impacting their bottom line. As a result, many small businesses struggle to cover operating costs, leading to potential closures. Consumers may also bear the brunt of swipe fees through increased prices or limited payment options. It is crucial for policymakers to address these fees to support small businesses and ensure a fair marketplace.