interchange settlement

• Utah Governor Signs Anti-Surcharging Bill

  By David Morrison  |  April 5, 2013

  Eleven states now ban retailer surcharges on credit card transactions.

• Backlash Against Credit Card Surcharging Appears Growing

  By David Morrison  |  April 2, 2013

  Twenty-eight states either have bans or are considering them in wake of proposed antitrust settlement.

• Grocers Opt Out of Interchange Settlement

  By David Morrison  |  February 22, 2013

  National Grocers Association was one of original litigants in the anti-trust case and now rejects the preliminary settlement.

• Consumer Advocate Calls Interchange Surcharge Fears Propaganda

  By David Morrison  |  February 4, 2013

  U.S. Public Interest Research Group director downplays potential consumer impact; sides with merchants in surcharge snit.

• Judges Decline Early Appeal of Card Decision for a Second Time

  By David Morrison  |  February 1, 2013

  Federal appeals court again rebuffs efforts to oppose interchange settlement until settlement is finalized.

• Retailers Now Able to Surcharge Card Use

  By David Morrison  |  January 28, 2013

  Under interchange settlement, merchants can no charge for surcharges, but doubts remain if that will happen.

• Interchange Pinch Felt by Many CUs

  By David Morrison  |  January 9, 2013

  A CUNA survey of some of its member credit unions suggests credit unions with less than $10 billion in assets have begun to take a hit to their debit card interchange even though they were not supposed to feel the impact of a debit interchange cap.

• Retail Group Says Credit Union Data Shows Interchange Exemption Works

  By David Morrison  |  January 7, 2013

  Merchant Payments Coalition cites CUNA survey, says smaller-asset institutions shielded from interchange cap.

• Merchants File Appeal to Interchange Settlement

  By David Morrison  |  November 27, 2012

  Card fight promises to go another round.

• Interchange Deal Advances

  By David Morrison  |  November 21, 2012

  The multiple-party, multiple-year case over credit card interchange moved one step closer to resolution on Nov. 9 when the Honorable Judge John Gleeson granted preliminary approval of the settlement agreement between retailers, payment networks and nine major card issuers.