interchange fees

Technology/Services

Open Banking Regulation Could Mean Alternative to Swipe Fees

Changes from the CFPB might mean that consumers won’t have to go through credit card company to move money to merchants

Technology/Services

Industry Groups Praise Supreme Court’s Decision on Swipe Fees

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

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

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

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

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

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

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

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

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

  • Page 1