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 how to process online debit transactions.
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Swipe Fees
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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Retailers say US should follow UK example on anticompetitive credit card swipe fees
NRF welcomed a UK ruling that the way Visa and MasterCard set credit card "swipe" fees violates European Union law.
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