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No End In Sight As "Swipe Fee" Fight Rages On

Tuesday, May 28, 2013 - 6:20 AM
The fight over "swipe fees" charged to merchants who accept Visa and MasterCard is going into extra rounds. Nineteen large companies have opted out of a proposed settlement that would have ended a long-running class-action case.

Retailers say they pay the highest fees in the world to credit card companies and banks to swipe their cards because of unfair price-fixing within the industry.

No end in sight as "swipe fee" fight rages on
ShorebreakShorebreak2,686 posts since
Apr 6, 2010
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