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Tuesday, September 18, 2018

Mastercard, Visa offer new terms to settle interchange lawsuit, NRF balks

Visa and Mastercard are one step closer to ending a years-long legal battle over merchant interchange. The two card brands have agreed to pay $6.2 billion to settle portions of a class action lawsuit originally filed by millions of retailers in 2005.

But retailers may not buy into it. The National Retail Federation is complaining the proposed new settlement agreement doesn’t go far enough; it wants to see reforms in how interchange is set.

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Monday, September 17, 2018

Podcast #8 - Changing Consumer Payment Preference

Spotlight Innovators:

North American Bancard | USAePay | Impact Paysystems | Electronic Merchant Systems