Content about Interchange fee

September 20, 2012
Retailers charge that proposed Visa/MasterCard interchange settlement unacceptable

Retailers are up in arms over the proposed settlement filed in July of antitrust lawsuits filed by merchants against Visa, MasterCard and the nation's largest banks.

Arlington, Va. -- Retailers are up in arms over the proposed settlement filed in July of antitrust lawsuits filed by merchants against Visa, MasterCard and the nation's largest banks. A total of nine associations representing a broad swath of the retail industry expressed their reservations to members of Congress on Thursday, charging that their interests were not represented and asking Congress to reject that settlement.

July 24, 2012
Walmart issues statement in opposition to proposed interchange fee settlement

Wal-Mart Stores Inc. issued a statement on indicating its position on the proposed settlement with Visa and MasterCard over credit card fees.

Bentonville, Ark. -- Wal-Mart Stores Inc. issued a statement on Tuesday indicating its position on the proposed settlement with Visa and MasterCard over credit card fees.

July 19, 2012
Moody’s on Credit Card Interchange Fee Settlement

The July 13 settlement of a lawsuit over allegedly fixed credit card interchange fees is a credit positive for the two largest industry players Visa and Mastercard, but will have a smaller impact on merchant acquirers, retailers and banks, said Moody’s Investors Service in a new special comment "Credit Card Interchange Fee Settlement is Credit Positive For Visa, MasterCard."

The July 13 settlement of a lawsuit over allegedly fixed credit card interchange fees is a credit positive for the two largest industry players Visa and Mastercard, but will have a smaller impact on merchant acquirers, retailers and banks, said  Moody’s Investors Service in a new special comment "Credit Card Interchange Fee Settlement is Credit Positive For Visa, MasterCard."

October 3, 2010
Retailers applaud Department of Justice action against unfair credit-card practices

The Retail Industry Leaders Association (RILA) joined other retail trade organizations on Monday to welcome...

September 9, 2010
Spending report: Card spending growth up in August

A report released Friday by payment system provider First Data Corp. said that card spending...

July 14, 2010
Retail groups praise Senate’s passage of swipe fee reform a win

The Retail Industry Leaders Association (RILA) and the National Association of Convenience Stores (NACS) praised...

July 14, 2010
Visa launches new payment card security initiative

On Wednesday, Visa Inc. launched a new payment card security initiative that the company said...

June 30, 2010
House approves financial reform bill that includes regulation on swipe fees

The U.S. House of Representatives on Wednesday voted to pass the reconciled financial reform bill,...

June 14, 2010
NRF: Keep swipe fee amendment in financial reform bill

The National Retail Federation is continuing its rallying cry to make sure an amendment requiring...

May 25, 2010
Vermont first state to limit credit-card swipe fees

Vermont has become the first state to pass legislation limiting the swipe fee on credit-...

May 13, 2010
NRF welcomes Senate approval of debit-card reform

The National Retail Federation announced that it welcomed Senate approval of an amendment to financial...

May 9, 2010
NRF asks Senate to require ‘reasonable and proportionate’ cards

The National Retail Federation on Monday urged the Senate to approve amendments to financial services...

October 7, 2009
NRF: Credit-card companies in race to increase swipe fees

The National Retail Federation on Thursday warned Congress that credit-card companies are in an “arms...

August 31, 2008
Encouraging Mutual Rewards

Combining loyalty programs with private-label credit cards yields rewards for retailers as well as...

June 30, 2008
Credit Addictions

Spending money we don’t have. It’s a national habit. ...

June 5, 2008
Senate Introduces Bill to Curb Credit-Card Fees

The Senate on Friday introduced an antitrust legislation that would require Visa and MasterCard to...

May 14, 2008
NRF Pushes for Credit-Card Reform

The National Retail Federation (NRF) is urging the House Judiciary Committee to support anti-trust legislation...

January 31, 2008
European Commission Rules to End Interchange Fees

In December, the European Commission (EC) ruled that hidden fees charged by MasterCard to...

December 18, 2007
NRF Welcomes European Ruling Against Interchange Fees

Washington, D.C. The National Retail Federation (NRF) on Wednesday said it welcomed a ruling by...

July 30, 2007
article-13561.xml

CVS Pilots Branded Loyalty Payment CardCVS Caremark Corp. announced it will begin testing a new...

March 31, 2007
article-14535.xml

Fast Food Gets Faster ServiceMcDonald’s Mexico restaurants in Monterrey, Nuevo Leon, have begun to accept...

November 13, 2005
Wal-Mart to Accept Low-Cost Debit Network

New York City, ...

November 13, 2005
Wal-Mart to Accept Low-Cost Debit Network

New York City, ...

November 1, 2005
Visa Reaches Out for Small-Ticket Transactions

San Francisco, Visa...

November 1, 2005
Visa Reaches Out for Small-Ticket Transactions

San Francisco, Visa...