Credit Card Fees: The Banker ResponseAugust 19th, 2012 | Posted by in Uncategorized
“While the $6.6 billion lawsuit between the credit card industry and a trade association of merchants has been settled, the battle is far from over. A recent Wall Street Journal article highlights a part of the settlement with far-ranging future consequences: the right for retailers to charge more for customers who use a credit card. Banks need to immediately start preparing for the possible outcomes of this legislation, including retailers’ reactions at the register.”
Click here to check out APT VP Will Weidman’s recent byline in Banking Strategies.
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