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interchange fees

Technology/Services

Industry Groups Praise Supreme Court’s Decision on Swipe Fees

 By Greg Lindenberg on Jul. 03, 2024

National Retail Federation, New Civil Liberties Alliance agree with SCOTUS on when statute of limitations should begin

Technology/Services

U.S. Supreme Court Rules in Favor of Convenience-Store Retailer in Debit Card Swipe Fee Case

 By Greg Lindenberg on Jul. 01, 2024

Justice Barret issues ‘straightforward’ decision, but dissenters see ‘flawed reasoning’

Technology/Services

Judge Rejects $30 Billion Visa, Mastercard Swipe Fee Settlement

By Greg Lindenberg on Jun. 25, 2024

Decision could force card companies to negotiate a settlement more favorable to retailers

Technology/Services

Judge’s Statement Supports Merchants in Swipe Fee Case

By Greg Lindenberg on Jun. 14, 2024

Dismisses card companies’ argument that the merchants lacked standing as direct purchasers of card services

Technology/Services

Illinois Swipe Fees Will No Longer Apply to Taxes, Tips

By Rachel Gignac on May 31, 2024

Interchange Fee Prohibition Act marks a notable victory for retailers seeking relief from swipe fees, NACS says

Technology/Services

Mastercard Plans to Raise Certain Credit, Debit Card Fees

By Rachel Gignac on Apr. 03, 2024

Pricing changes come days after card issuers agree to $30 billion settlement over swipe fees

Technology/Services

‘There Is Nothing to Celebrate in This,’ Doug Kantor of NACS Says About the Credit-Card Deal

By Peter Romeo on Apr. 01, 2024

The offer from MasterCard and Visa doesn’t look so good for convenience stores when experts dive into the details

Technology/Services

Visa, Mastercard Agree to $30 Billion Settlement Over Credit and Debit Card Swipe Fees

By Greg Lindenberg on Mar. 26, 2024

Convenience-store, other retail groups say deal is bad for merchants

Technology/Services

Visa, Mastercard Swipe Fees Hit Record $100.77 Billion in 2023

By Hannah Hammond on Mar. 25, 2024

Interchange fees, on average, biggest expense for convenience stores, aside from labor, Merchants Payments Coalition says

Technology/Services

Federal Reserve Extends Comment Period on Swipe Fees

By Rachel Gignac on Jan. 31, 2024

Retailers have until May 12 to submit appeals to reduce transaction cost

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