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MasterCard Survey Seeks to Undercut 7-Eleven Interchange Petition

By David Morrison

MasterCard Worldwide has released the results of a survey that is meant to undercut the impact of a petition on card interchange that the 7-Eleven convenience store chain plans to deliver tomorrow.

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TNB May Return to Buying Card Portfolios in the Future, New CEO Says

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Fed Issues Proposed Rules to Implement Credit Card Measure

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Payments/Credit/Debit Stories

September 27, 2009

CUs Finding Members Still Want Their Cards, TNB Says

Despite a down economy and pressure on consumers, a number of credit unions have found their members happy to use credit union issued credit cards, according to TNB Card Services, a noted CU credit card processor.

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September 27, 2009

7-Eleven Claims Millions of Interchange Signatures

The 7-Eleven chain of convenience stores says it has millions of signatures from consumers upset about credit and debit card interchange fees.

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September 27, 2009

Orman Gives CU Cards a Boost

Popular financial adviser Suze Orman has touted the benefits of using a credit card issued by a credit union over credit cards issued by major banks on a recent show.

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September 22, 2009

New Card Bill to Accelerate Effective Date

Key lawmakers are holding a press conference tomorrow to announce legislation to speed up the effective date of the remaining CARD Act provisions to Dec. 1.

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September 17, 2009

Card Issuers Reiterating Defense of Interchange

The Electronic Payments Coalition, the group of card issuers formed to defend the existing card interchange structure, has reiterated why capping or removing card interchange in the U.S. would hurt consumers.

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September 17, 2009

Large Issuers Changing Card Models Before New Law

Large U.S. credit card-issuing banks are shifting their card offerings in advance of the remaining card law changes scheduled to go into effect in February.

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September 16, 2009

Survey Shows Consumers Don't Want to Pay Interchange

A new survey commissioned by Visa Inc. reports that consumers do not want to pay any fees for retailers to recoup card interchange.

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