Retail trade associations and firms call the Fed's debit interchange rule an issue of staggering importance.
Credit unions pump up loan balances by promoting credit card balance transfer offers.
A Friday ruling allows retailers who opted out of last year's settlement to proceed with new suits. Card brands can also countersue retailers.
A new Aité Group report says cash is more expensive for retailers than cards. Retailer groups disagree.
E-commerce merchant Mitch Goldstone filed the interchange antitrust lawsuit back in 2005.
Instant issue cards can generate higher card activation rates and more interchange revenue.
Some retailers appeal a settlement other retailers had reached with Visa, MasterCard and six major banks.
Last year's lawsuit against the Federal Reserve could be heard by the Supreme Court.
Read why take-up of mobile payments matters, and access a Filene report exclusive to CU Times readers.
Credit unions wondering if the courts would make them change their debit card programs can rest easy for now.