Content about Merchant services

May 28, 2013

A trade group representing the retail industry is requesting that a federal judge throw out a proposed settlement in an antitrust lawsuit over credit card swipe fees.

September 26, 2012

The National Retail Federation estimated that U.S. retailers and their customers are benefiting from savings of up to $18 million every day since the implementation of debit card swipe fee reform.

September 11, 2012

The National Retail Federation is set to go to court in order to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over Visa and MasterCard credit card swipe fees.

September 13, 2011

For every $100 in fraudulent transactions, retailers incurred a “true” cost of $230, according to a new study released Tuesday by LexisNexis Risk Solutions.

June 8, 2011

Sens. Jon Tester, D-Mont., and Bob Corker, R-Tenn., have offered an amendment to legislation that is designed to delay swipe-fee reforms.

March 31, 2011

Just two weeks after expressing its discouragement caused by the delayed swipe-fee reform, the National Retail Federation lauded a letter from a coalition of consumer groups that also opposed the delay, which is slated to go into effect this summer.

March 9, 2011

The National Association of Chain Drug Stores and the National Community Pharmacists Association on Tuesday urged Congress to permit the Federal Reserve Board to expedite the implementation of an amendment to the financial-reform legislation.

September 27, 2010

Retail merchants incurred more than $139 billion fraud losses during the past year, according to...

July 15, 2010

The Food Marketing Institute on Thursday praised the Senate for approving the Conference Report to...

June 30, 2010

Retail industry groups on Wednesday praised the House of Representatives for passing the Conference Report...

June 30, 2010

This represents a significant victory for retailers from all sectors, if for nothing else than...

June 27, 2010

Financial-reform legislation that seeks to regulate and curb interchange swipe fees that cause unforeseen expenses...

June 17, 2010

Concerned over what they call “exorbitant transaction fees and anticompetitive practices” by credit card companies,...

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