Companies of credit cards are being asked to waive the 3% in processing fees for the Haitian earthquake relief efforts that they have been taking whenever their users put their credit cards to use.
Rep. Betsy Markey has therefore asked these companies to guarantee that all of this money from transaction fees actually reaches the people they are meant for while waiving regular credit card transaction fees on Haiti donations. People worldwide have seen the horrible images of this natural disaster and this could be the one thing that companies of credit cards could do to actually make a huge difference in people’s lives who need them.
American Express has already announced that fees would be rebated to around 65 agencies that were collecting for relief in Haiti. The same thing was also done for 2004′s tsunami in Asia.