Retailers Say Fed Regulations Would Help Debit Card Competition But Could Be Circumvented
NRF called on the Federal Reserve to clarify that retailers can decide where to route online debit transactions.
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Swipe Fees
Deadline approaching for retailers to back Fed’s move on swipe fee competition
The scarcity of online debit card routing options has cost retailers billions of dollars.
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Retailers Say Fed Move on Debit Card Routing Will Bring Competition to Payments Market
NRF welcomed Fed plans to say banks must let retailers decide.
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Retailers Sue Feds Over Failure to Follow Congress' Direction on Debit Card Swipe Fees
Retailers are suing the Federal Reserve over its 10-year-old cap on debit card "swipe" fees, saying the cap is too high.
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Retail Groups Seek to Protect Merchants in Ongoing Credit Card Interchange Litigation
NRF and RILA have asked to intervene in class-action litigation against Visa and Mastercartd over credit card fees.
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