The Merchants Payment Coalition targeted eight members of the House Financial Services Committee in an effort to persuade them to endorse an effort to curb the fees that banks charge merchants for using a credit or debit card, CongressDailyPM reported. (Subscription)

The coalition is running a six-figure ad campaign using television, radio and newspapers. Merchants have been in a long running lobbying dispute over the fees that they pay for using Visa and MasterCard networks to process credit card and debit card transactions.