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The Debit Swipe Fee Cap is Still Too Damn High

| Tim Parry

A cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers but is still higher than intended by Congress and should be lowered, according to the National Retail Federation.

NRF Asks Judge to Reject Swipe Fee Settlement

| Erin Lynch

The National Retail Federation, along with 20 other retailers, have asked a federal judge to reject a proposed settlement over credit card swipe fees alleging it is an “evil” price fixing practice conducted by Visa and MasterCard.