Deadline approaching for retailers to back Fed’s move on swipe fee competition
The scarcity of online debit card routing options has cost retailers billions of dollars.
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Swipe Fees
Retailers Say Fed Move on Debit Card Routing Will Bring Competition to Payments Market
NRF welcomed Fed plans to say banks must let retailers decide.
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Retailers Sue Fed Over Failure to Follow Congress' Direction on Debit Card Swipe Fees
Retailers are suing the Federal Reserve over its 10-year-old cap on debit card "swipe" fees, saying the cap is too high.
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Retail Groups Seek to Protect Merchants in Ongoing Credit Card Interchange Litigation
NRF and RILA have asked to intervene in class-action litigation against Visa and Mastercartd over credit card fees.
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Retailers Say Delay of Visa/Mastercard Swipe Fee Increase Should be Made Permanent
NRF welcomed delay of a $1.2 billion credit card swipe fee increase but said the delay should be permanent.
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