Debit/Credit Card Fees

06-25-2020 by Darren Schulte Cash Management Reconciliation Tips for Your Travel Center

This term cash management sounds simple enough to start, but it can be one of the most challenging and complex tasks in your business. Failure to have proper controls and safeguards in place can result in a disastrous situation that will likely leave you in trouble. However, there are several steps you can take to improve your operation and increase efficiencies. Let鈥檚 start by breaking this into several key areas.

06-25-2020

10-16-2017 by NATSO Supreme Court to Hear American Express Antitrust Case

The U.S. Supreme Court said Oct. 16 that it will hear an antitrust case examining American Express鈥檚 rules that bar merchants from encouraging customers to use one credit card over another, a practice known as “steering.” The decision offers new hope to retailers who for years have argued that American Express鈥檚 merchant agreements violate antitrust laws and result in higher costs for consumers.

10-16-2017

04-11-2015 by NATSO California Surcharge Ban Ruled Unconstitutional

A federal judge ruled March 26 that a California law banning retailers from charging customers a surcharge on credit card purchases is unconstitutional because it is too vague and violates the First Amendment right of free speech, PYMNTS.com has reported.

04-11-2015

08-20-2014 by NATSO Retailers Petition Supreme Court to Hear Swipe Fee Ruling

The legal challenge over the transaction fees that retailers are forced to charge customers when they swipe a debit card moved one step closer to the Supreme Court Aug. 18, when retail and merchant groups petitioned the nation鈥檚 highest court to hear the case.

08-20-2014

03-01-2014 by NATSO Fuel Up on 黑料社区Benefits: Discounted Payment Card Merchant Processing

Did you know 黑料社区has partnered with First Data Merchant Services to offer 黑料社区members a cost effective, competitive solution for processing credit card transactions?

03-01-2014

09-23-2013 by NATSO Swipe Fees to Remain in Place While Court Decides Federal Reserve鈥檚 Appeal

The U.S. District Court in Washington has agreed to maintain the current regulations governing swipe fees while the Federal Reserve appeals the recent ruling that it set the cap on debit transactions too high.

09-23-2013

08-22-2013 by NATSO Federal Reserve Appeals Debit Fee Ruling

The Federal Reserve announced late Aug. 21 that it will appeal the recent ruling by the U.S. District Court in Washington that it set the cap on debit card transactions too high.

08-22-2013

08-16-2013 by NATSO Could Retailers Get Repaid for Debit Fee Overcharges?

The judge who rejected the Federal Reserve鈥檚 regulations governing debit fees under the Dodd-Frank Wall Street Reform and Consumer Protection Act gave the Federal Reserve just one more week to come up with a position on interim fee reductions and a timeline for permanently installing new lower fees. He also suggested that retailers should be repaid by financial services companies for millions of dollars in overcharges.

08-16-2013

07-31-2013 by NATSO Judge Agrees With Retailers; Rejects Debit Card Swipe Fee Rule

A Judge for the U.S. District Court in Washington this morning rejected the Federal Reserve鈥檚 regulations governing swipe fees under the Dodd-Frank Wall Street Reform and Consumer Protection Act, ruling that the agency set the cap too high on debit-card transactions.

07-31-2013

07-29-2013 by NATSO Durbin, Welch Ask Federal Reserve to Revisit Debit Fee Levels

Senator Dick Durbin (D-Ill.) and Rep. Peter Welch (D-Vt.) have asked the Federal Reserve Board to revisit the fee levels set in the debit fee rules standard established after passage of the Dodd-Frank Wall Street Reform legislation.

07-29-2013

04-19-2013 by NATSO You Have Questions. We Have Answers.

One of NATSO鈥檚 primary roles is to deliver solutions to members鈥� challenges. Each day members tap into the expertise of NATSO鈥檚 staff for answers to some of their most pressing questions. Stop Watch compiled some recent member inquiries and sat down with Darren Schulte, NATSO鈥檚 vice president of membership, for detailed answers.

04-19-2013