Content about Swipe

January 10, 2014

There’s been a lot of talk lately about how the retail industry has supposedly settled a federal lawsuit with Visa and MasterCard over credit card swipe fees.

July 31, 2013

The National Retail Federation has issued a statement from SVP and general counsel Mallory Duncan on U.S. District Judge Richard Leon’s decision regarding swipe fee reforms. The judge found that the Federal Reserve misapplied Congress’ intent when it implemented the required reforms.

May 21, 2013

The National Retail Federation has announced plans to formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard. NRF is also urging retailers to carefully consider their own decisions before next week’s deadline set by the court.

October 22, 2012

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

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

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

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.

March 16, 2011

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

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