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Tag: Interchange

Did your interchange fees for debit/credit cards change as a % of sales in 2013?

  • By R. Daneel Olivaw
  • 17 January, 2014
  • No Comments

Interchange fees increased Interchange fees decreased No change Supermarket News

NRF Appeals Interchange Settlement Ruling

  • By R. Daneel Olivaw
  • 2 January, 2014
  • No Comments

WASHINGTON — The National Retail Federation on Thursday formally filed an appeal of the proposed massive antitrust lawsuit settlement covering credit card interchange fees. read more Supermarket News

NGA Outlines Opposition to Interchange Fee Settlement

  • By R. Daneel Olivaw
  • 13 September, 2013
  • No Comments

NEW YORK — Executives from the National Grocers Association testified in court here Thursday to a proposed settlement agreement concerning interchange fees, calling the agreement “a bad deal for merchants … Continue Reading →

NGA, Others File Interchange Settlement Objections

  • By R. Daneel Olivaw
  • 2 November, 2012
  • No Comments

NEW YORK — As expected, National Grocers Association and nine other named plaintiffs in an antitrust lawsuit against credit-card companies have filed their objections to the proposed settlement with the … Continue Reading →

Retailers Oppose Proposed Interchange Settlement

  • By R. Daneel Olivaw
  • 19 October, 2012
  • No Comments

NEW YORK — Merchants remain opposed to a proposed settlement of credit-card interchange fee litigation that was given preliminary approval by a judge here on Friday. read more Supermarket News

RILA Opposes Interchange Settlement

  • By R. Daneel Olivaw
  • 22 August, 2012
  • No Comments

ARLINGTON, Va. — The Retail Industry Leaders Association on Wednesday said it opposes the proposed settlement of antitrust litigation against credit-card companies related to interchange fees and is encouraging plaintiffs … Continue Reading →

Co-Op Group Rejects Interchange Settlement

  • By R. Daneel Olivaw
  • 3 August, 2012
  • No Comments

IOWA CITY, Iowa — National Cooperative Grocers Association here on Friday said it has joined other retail groups in rejecting the recently proposed settlement of a class-action antitrust lawsuit against … Continue Reading →

NGA Opposes Proposed Interchange Fee Settlement

  • By R. Daneel Olivaw
  • 26 July, 2012
  • No Comments

ARLINGTON, Va. — National Grocers Association here said Thursday that its board of directors voted unanimously to oppose the settlement of antitrust litigation proposed by Visa, MasterCard and their member … Continue Reading →

Retailers Split on Interchange Lawsuit

  • By R. Daneel Olivaw
  • 23 July, 2012
  • No Comments

ALEXANDRIA, Va. — Saying that the proposed $ 7.25 billion settlement of a civil class-action antitrust lawsuit against credit-card issuers does not go far enough in addressing retailer concerns, the … Continue Reading →

Card Issuers Settle Interchange Suit for $7.25B

  • By R. Daneel Olivaw
  • 13 July, 2012
  • No Comments

NEW YORK — Visa, MasterCard and card-issuing banks have agreed to pay an estimated $ 7.25 billion to retailers to settle charges that they conspired to fix interchange fees. read … Continue Reading →

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