Content about Swipe

October 22, 2012
NRF not pleased with swipe fee settlement

WASHINGTON — A revised antitrust settlement on the issue of credit card swipe fees doesn't go far enough, The National Retail Federation said Friday. 

September 26, 2012
NRF: Swipe fee reform saving up to $18 million per day

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

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

September 11, 2012
NRF seeks to block swipe fee suit settlement

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.

WASHINGTON — 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.

August 2, 2012
We’re all in this together

Walmart and mom-and-pop retailers are usually at odds with one another, but the issue of credit card swipe fees has Walmart sharing common ground with independent pharmacists.

Walmart and mom-and-pop retailers are usually at odds with one another, but the issue of credit card swipe fees has Walmart sharing common ground with independent pharmacists.

The National Community Pharmacists Association (NCPA), an organization representing 23,000 independent pharmacies, announced this week that it was rejecting a proposed settlement in the antitrust lawsuit involving Visa, MasterCard and several big name banks.

March 16, 2011
RILA responds to swipe reform legislation

First it was NRF and now the Retail Industry Leaders Association is coming out against efforts to delay swipe reform legislation.

ARLINGTON, Va. -- First it was NRF and now the Retail Industry Leaders Association is coming out against efforts to delay swipe reform legislation. In response to legislation introduced on Tuesday by Montana senator Jon Tester to reopen critical reforms of the debit payments market, RILA issued the following statement:

“Despite the American people’s repeated disapproval of bank bailouts, the Tester bill is just that, this time at the expense of retailers and their consumers,” said Katherine Lugar, executive VP for public affairs, RILA.