The Merchant Payments Coalition recently announced that nearly 1,000 businesses and trade associations have called on a federal judge to reject the proposed settlement of merchants’ lawsuit over Visa and Mastercard credit card swipe fees that drive up consumer prices, …
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The National Retail Federation recently released its response to U.S. District Judge Brian Cogan’s preliminary approval of the proposed settlement in merchants’ class-action antitrust lawsuit against Visa and Mastercard over credit card swipe fees. The National Retail Federation is disappointed …
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The holidays are just around the corner, and many retailers are already anticipating what this year’s holiday shopping season will hold with COVID still playing a role in consumer spending. Three companies released holiday spending forecasts and fortunately, the news …
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Holiday sales grew 3.4 percent over 2018 levels, according to new data from Mastercard SpendingPulse reported by the Chicago Tribune. Notably, e-commerce sales grew by 18.8 percent, “marking the continuing change in how people shop,” according to the article. Sales …
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