NATSO, Other Plaintiffs to Appeal Swipe Fee Settlement
To force merchants into an ‘agreement’ with Visa and MasterCard that leaves them worse off than without it — that just goes against all notions of fairness.
11-19-2012
Swipe Fee Settlement is Granted Preliminary Approval
Despite unprecedented opposition from merchants, on Friday a federal judge gave preliminary approval of a $7.2 billion settlement of litigation against Visa, MasterCard and several large banks.
11-12-2012
Majority of Named Plaintiffs Oppose Visa, MasterCard Settlement
NATSO last week joined a majority of the named plaintiffs in announcing their opposition to the proposed antitrust settlement agreement with Visa, MasterCard and some of the largest banks that were filed on Oct. 12.
10-15-2012
Top Retailers Rolling Out Mobile Payments, ACH Cards
Two of the nation’s largest retailers last week announced new payment technology options.
10-15-2012
Durbin Says Interchange Reform Showing Results
Assistant Majority Leader Dick Durbin (D-Ill.) sent a letter to the American Bankers Association (ABA) last week refuting the association’s claims that swipe fee reform is a mistake.
10-01-2012
NATSO Joins Retail Groups Asking Congress to Reject Claims by Visa, MasterCard
NATSO joined a group of associations representing retailers to highlight the reasons behind the growing opposition to the proposed settlement of the long-standing antitrust lawsuit filed by merchants against Visa, MasterCard and the nation’s largest banks.
09-24-2012
GAO Confirms Debit Fee Reform Helped Small Banks
GAO last week confirmed that the debit fee reform implemented Oct. 1, 2011, has helped community banks and credit unions.
09-24-2012
NATSO Rejects Proposed Settlement in Antitrust Litigation
NATSO announced today that it has joined others in rejecting a proposed settlement of the antitrust lawsuit brought by merchants, including NATSO, alleging that Visa, MasterCard and national banks collude to set artificially high swipe fees.
09-10-2012
Chevron Corp. Offers New Credit-Card Tool
Chevron Corp. offering its marketers a new credit-card tool.
04-02-2012
Action Report, NATSO Scorecard
In 2011, NATSO tackled a host of issues of vital importance to the truckstop and travel plaza industry. Reauthorization of surface transportation funding, rest area commercialization, interstate highway tolling and […]
01-01-2012