Content about Merchant services

January 30, 2013
NRF: Retailers unlikely to surcharge for credit card use

Despite some groups’ claims, the National Retail Federation said that few, if any, merchants are expected to surcharge customers for using a credit card as theoretically allowed under a controversial proposed lawsuit settlement with Visa and MasterCard being debated in the courts.


October 22, 2012
NRF: Revised credit card swipe fee settlement ‘manifestly unfair’

A revised antitrust settlement on the issue of credit card swipe fees doesn't go far enough, The National Retail Federation said.

September 11, 2012
NRF seeks to block swipe fee lawsuit settlement

The National Retail Federation announced that its board of directors has authorized the Federation to go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over skyrocketing Visa and MasterCard credit card swipe fees that cost consumers hundreds of dollars a year.

July 19, 2012
Moody’s on Credit Card Interchange Fee Settlement

The July 13 settlement of a lawsuit over allegedly fixed credit card interchange fees is a credit positive for the two largest industry players Visa and Mastercard, but will have a smaller impact on merchant acquirers, retailers and banks, said Moody’s Investors Service in a new special comment "Credit Card Interchange Fee Settlement is Credit Positive For Visa, MasterCard."

April 3, 2012
American Express stops selling gift cards in New Jersey over ZIP code requirement

American Express Co. has become the first company to pull its gift cards from being sold in New Jersey drug stores, supermarkets and convenience stores in response to a controversial new revision in the state's unclaimed property law.

March 20, 2012
Motorcycle Superstore teams with Accertify to deploy chargeback solution

Fraud prevention and risk management solution-provider Accertify announced that online motorcycle outfitter Motorcycle Superstore has deployed Accertify’s Chargeback Management Solution and seen an overall lift in chargeback win rates of 62%.

February 9, 2012
New POS Technology Available to Retailers in 2012

By Shannon Martin, shannon.martin@onlinemediapartner.com

There are a variety of new technologies that will become available throughout 2012 to small business owners looking for ways to process credit and debit cards. In the past, business have had to rely on costly terminals purchased from merchant account providers who charged not only for the equipment, but also for the processing of the cards used by a business’ customers.

January 11, 2012
Columbia Sportswear implementing tokenization and encryption solution from Merchant Link, Equinox and Voltage Security

In response to Columbia Sportswear Co.’s desire to reduce its PCI scope for its retail locations by minimizing or eliminating the need to store any payment data on its network environment, payment processing and security vendors, Equinox Payments Voltage Security, and Merchant Link have collaborated to create a reliable, cloud-based payment solution to protect sensitive point-of-sale payment data.

December 12, 2011
Don’t Let Credit Card Fraud Leave You With Only Coal in Your Stocking

By Greg Hammermaster, president, Sage Payment Solutions

October 24, 2011
Office Depot and Century Payments to launch electronic payment processing service

Office Depot announced the launch of Office Depot Merchant Services, an electronic payment processing service for small and medium-sized businesses.

February 28, 2011
VeriFone to supply its PAYware Merchant card payment service for Latin America McDonald's restaurant operations

VeriFone Systems announced it has won a contract to supply its PAYware Merchant card payment and settlement hosted service to Arcos Dorados, the largest restaurant operator in Latin America and the largest McDonald's franchisee in the world.

February 22, 2011
J.Jill teams with Alliance Data for private label credit-card services

Alliance Data Systems Corp., a provider of loyalty and marketing solutions derived from transaction-rich data, said Tuesday it has signed a new, long-term agreement to provide private label credit-card services to women’s apparel retailer J.Jill.

January 18, 2011
Survey: E-commerce fraud picture stable in North America

Survey results released Tuesday by CyberSource, a Visa Co., showed that the online fraud rate has remained flat in the United States and Canada; however, U.K. merchants are seeing a rise in e-commerce fraud.

September 9, 2010
Spending report: Card spending growth up in August

A report released Friday by payment system provider First Data Corp. said that card spending...

July 16, 2010
Visa launches new payment card security initiative

On Wednesday, Visa Inc. launched a new payment card security initiative that the company said could eliminate the need for retailers and other organizations to store full, 16-digit credit and debit card numbers on their systems.

The move comes in response to long-standing pressure from the National Retail Federation, which maintains that merchants should not be required to store the information because of security risks.

July 14, 2010
Retail groups praise Senate’s passage of swipe fee reform a win

The Retail Industry Leaders Association (RILA) and the National Association of Convenience Stores (NACS) praised...

July 14, 2010
Visa launches new payment card security initiative

On Wednesday, Visa Inc. launched a new payment card security initiative that the company said...

June 14, 2010
NRF: Keep swipe fee amendment in financial reform bill

The National Retail Federation is continuing its rallying cry to make sure an amendment requiring...

May 13, 2010
NRF welcomes Senate approval of debit-card reform

The National Retail Federation announced that it welcomed Senate approval of an amendment to financial...

May 9, 2010
NRF asks Senate to require ‘reasonable and proportionate’ cards

The National Retail Federation on Monday urged the Senate to approve amendments to financial services...

October 7, 2009
NRF: Credit-card companies in race to increase swipe fees

The National Retail Federation on Thursday warned Congress that credit-card companies are in an “arms...

May 14, 2008
NRF Pushes for Credit-Card Reform

The National Retail Federation (NRF) is urging the House Judiciary Committee to support anti-trust legislation...

January 31, 2008
European Commission Rules to End Interchange Fees

In December, the European Commission (EC) ruled that hidden fees charged by MasterCard to...

March 31, 2007
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Fast Food Gets Faster ServiceMcDonald’s Mexico restaurants in Monterrey, Nuevo Leon, have begun to accept...

March 31, 2007
Breaches at Points of Sale

“Just because you’re paranoid doesn’t mean everyone isn’t out to get you.” It’s sad when...

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