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Home » swipe fees

swipe fees

4 Steps for Choosing a POS System

February 21, 2019 by Publisher

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Choosing a point-of-sale (POS) system is a big decision. The right system can make your business operate much more efficiently, help manage inventory, provide data to make better purchasing and staffing decisions, and improve customer service. Many of the POS systems available for retailers advertise similar features. But, they are not all created equal. Here’s […]

Category: Marketing & Management Tags: February 2019 Issue, finance, management, swipe fees, technology

The Cost of Point of Sale Terminals for Your Business

January 6, 2016 by Publisher

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While the idea of your business accepting credit and debit card payments is nice, it’s important to fully understand the cost of such a venture.

Category: Marketing & Management Tags: credit cards, debit cards, January 2016 Issue, small business, swipe fees

Merchants Score Win in Feud Over Swipe Fees

August 1, 2013 by Publisher

Retailers scored a victory Wednesday when a federal judge tossed out a Federal Reserve rule on fees banks can charge merchants when they swipe customers’ debit cards, reports the Wall Street Journal. Saying the Fed did not do enough to limit the levies, the decision likely will force the Fed to slash those fees, further […]

Category: Retail News Tags: finance, swipe fees

NRF Asks Judge to Reject Swipe Fee Settlement

May 31, 2013 by Publisher

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The National Retail Federation (NRF) and  20 retailers have asked a federal judge to reject a proposed settlement over credit card swipe fees. The organizations allege  it is an “evil” price fixing practice conducted by Visa and MasterCard, MultiChannel Merchant reports. According to an article in Bloomberg Businessweek, Visa, MasterCard and other card companies agreed […]

Category: Retail News Tags: swipe fees

Swipe Fee Suit Update

December 7, 2012 by Publisher

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Participants in a recent conference call about the swipe fee suit insist that approval of the settlement would constitute a breach of due process.

Category: Magazine Archives, Retail News Tags: credit cards, December 2012 Issue, swipe fees

Swipe Fee Reform Saves Millions

November 21, 2012 by Publisher

October marked the one-year anniversary of landmark Federal Reserve regulations that cut the average debit card swipe fee collected by the nation’s largest banks.

Category: Magazine Archives, Retail News Tags: credit cards, finance, November 2012 Issue, NRF, swipe fees

Opening Floodgates on Swipe Fee Flaws

October 23, 2012 by Publisher

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Plaintiffs in the suit against Visa and MasterCard hope to rally against the swipe fee settlement.

Category: Marketing & Management, Retail News Tags: swipe fees

Groups Oppose Proposed Swipe Fee Settlement

September 20, 2012 by Publisher

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Letter outlines reasons behind opposition to proposed settlement of antitrust lawsuits filed by merchants against Visa, MasterCard.

Category: Retail News Tags: NRF, swipe fees

Swipe Fees Settlement

September 1, 2012 by Publisher

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A settlement was recently proposed in a lawsuit against Visa, MasterCard and bank card issuers, which suggests that $6.5 billion be parceled out among plaintiffs in the class-action suit, plus another $1.2 billion to cover eight months of reduced merchant fees.

Category: Magazine Archives, Retail News Tags: swipe fees

RILA Opposes Proposed Swipe Fee Settlement

August 22, 2012 by Publisher

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The Retail Industry Leaders Association (RILA) has criticized the proposed swipe fee settlement and urges class plaintiffs to reject the proposal.

Category: Retail News Tags: swipe fees

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