Interchange Settlement - Electronic Payments Coalition

EPC Applauds Zywicki Testimony Assessing Negative Impact of the Durbin Amendment on Consumers

Electronic Payments Coalition April 5, 2016 No Comments

A statement from Molly Wilkinson, executive director of the Electronic Payments Coalition (EPC) praising testimony from Professor Todd Zywicki at the U.S. Senate Committee on Banking, Housing, & Urban Affairs…

Retailers Are Back, Begging for More

Electronic Payments Coalition March 15, 2016 No Comments

Retailers are once again making the rounds on Capitol Hill this week asking for another handout from Congress. Despite their annual $8 billion windfall—a direct result of the last-minute Durbin…

Electronic Payments Coalition Issues Statement on National Retail Federation Interchange Settlement Appeal

Electronic Payments Coalition January 3, 2014 No Comments

After nearly a decade of negotiations, the court has determined that this settlement is in the best interest of all parties involved. This is simply a political ploy by a few…

Judge Approves Huge Swipe-Fee Settlement

Electronic Payments Coalition December 13, 2013 No Comments

A federal judge approved the multibillion-dollar settlement of a lawsuit over credit card swipe fees, resolving an eight-year battle between banks and retailers. In a 55-page ruling, U.S. District Judge…

Visa, MasterCard $5.7 Billion Swipe Fee Accord Approved

Electronic Payments Coalition December 13, 2013 No Comments

Visa Inc. (V) and MasterCard Inc. (MA) won approval for a $5.7 billion settlement that ended years of litigation with U.S. merchants over allegations that credit-card swipe fees are improperly fixed. U.S. District…

Credit card swipe fee settlement gains approval

Electronic Payments Coalition December 13, 2013 No Comments

Visa and MasterCard won a years-long court battle on Friday with the approval of a $5.7 billion settlement over credit card swipe fees.

Electronic Payments Coalition Issues Statement on Approval of Interchange Fee Settlement

Electronic Payments Coalition December 13, 2013 No Comments

Today, The U.S. District Court of the Eastern District of New York approved a settlement in the long-running legal dispute between retailers, payment networks and nine major card issuers over…

Opt-outs of $7.2 bln credit card fee settlement face risks

Electronic Payments Coalition June 10, 2013 No Comments

Over the last few weeks, some of the largest retailers in the United States have split off from a proposed $7.2 billion class action settlement over an alleged conspiracy to…

The Whiners and the Winners of the Credit Card Wars

Electronic Payments Coalition May 30, 2013 No Comments

I believe that retailers need to stop bemoaning credit card swipe fees as a kind of necessary tax. Businesses aren’t forced to accept credit cards, and many smaller businesses do…

Visa, MasterCard Strike Back at Swipe-Fee Settlement Foes

Electronic Payments Coalition May 24, 2013 No Comments

Visa Inc. (V) and MasterCard Inc. (MA) are firing back at retail trade groups trying to derail a pending $7.25 billion settlement over so-called merchant swipe fees. The world’s largest…

Tag: Interchange Settlement

EPC Applauds Zywicki Testimony Assessing Negative Impact of the Durbin Amendment on Consumers

Retailers Are Back, Begging for More

Electronic Payments Coalition Issues Statement on National Retail Federation Interchange Settlement Appeal

Judge Approves Huge Swipe-Fee Settlement

Visa, MasterCard $5.7 Billion Swipe Fee Accord Approved

Credit card swipe fee settlement gains approval

Electronic Payments Coalition Issues Statement on Approval of Interchange Fee Settlement

Opt-outs of $7.2 bln credit card fee settlement face risks

The Whiners and the Winners of the Credit Card Wars

Visa, MasterCard Strike Back at Swipe-Fee Settlement Foes

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