Retailers Say CFPB Open Banking Rules Could Reduce Need for ‘Swipe’ Fees and Save Consumers Billions
New CFPB rules could lead to an alternative to credit card “swipe" fees that cost merchants and consumers billions.
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Debit Cards
Retailers Call DOJ Antitrust Suit Over Visa Debit Card Practices ‘Tip of the Iceberg’
NRF welcomed a DOJ lawsuit accusing Visa of antitrust violations involving debit cards.
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NRF Welcomes Supreme Court Ruling Allowing Debit Card Swipe Fee Challenge to Move Forward
NRF welcomed a U.S. Supreme Court ruling in favor of a lawsuit saying the Fed's debit card swipe fee cap is too high.
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Retailers Say Change in Methodology Leaves Fed’s Proposed New Debit Card ‘Swipe’ Fee Cap Too High
NRF told the Fed its plan to lower the cap on debit card “swipe” fees is welcome but leaves the rate too high.
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Retailers Urge Fed to Lower Debit Card Swipe Fee Cap
NRF urged the Federal Reserve to lower its cap on debit card “swipe” fees when the Board of Governors meets next week.
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