RILA vows continued fight over swipe fees
The Retail Industry Leaders Association argues that the agreement fails to curb rising interchange costs or increase competition in the payments market.
Swipe Fees
NRF criticizes Visa and Mastercard settlement
NRF stated the proposed agreement doesn't address retailer concerns about limited competition in payments and doesn't sufficiently curb rising transaction costs.
Preliminary court ruling on Visa/Mastercard swipe fees is bad deal for retailers and consumers
U.S. District Judge Brian Cogan on Tuesday gave preliminary approval to the proposal.