interchange fees Articles

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Supreme Court to Hear American Express Antitrust Case

October 16, 2017

Supreme Court to Hear American Express Antitrust Case

The U.S. Supreme Court said Oct. 16 that it will hear an antitrust case examining American Express’s rules that bar merchants from encouraging customers to use one credit card over another, a practice known as "steering." The decision offers new hope to retailers who for years have argued that American Express’s merchant agreements violate antitrust laws and result in higher costs for consumers.

NATSO, SNAP Retailers Oppose Additional Processing Fees

October 6, 2017

NATSO, SNAP Retailers Oppose Additional Processing Fees

NATSO joined eight trade associations representing thousands of food retailers in urging Congress to reject recent proposals to impose new processing and credit card swipe fees on Supplemental Nutrition Assistance Program (SNAP) authorized retailers as higher costs and administrative complexities threaten their ability to provide affordable food to vulnerable Americans.

NATSO Members Oppose Debit Reform Repeal

November 21, 2016

NATSO Members Oppose Debit Reform Repeal

More than six hundred businesses, including multiple NATSO members, wrote to Congress to oppose efforts to repeal the “Durbin Amendment.” As NATSO members are aware, the Durbin Amendment was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act and reformed the anti-competitive debit card market by placing caps on interchange fees in debit swipe transactions.