Retailers Urge Congress To Help Save Consumers Billions With Swipe Fee Reform

WASHINGTON, 2017-Apr-29 — /EPR Retail News/ — The National Retail Federation and retailers from across the country went to Capitol Hill today (April 26, 2017) as Congress held a hearing on legislation that would repeal debit card swipe fee reform, telling lawmakers that reform has saved merchants and consumers more than $40 billion and should be […]

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NRF and RILA urges supreme court not to revive controversial 2012 settlement of credit card swipe fees

WASHINGTON, 2017-Feb-23 — /EPR Retail News/ — The National Retail Federation and the Retail Industry Leaders Association today (February 21, 2017) asked the U.S. Supreme Court to let stand an appeals court ruling that struck down a controversial 2012 settlement of a class action lawsuit over Visa and MasterCard’s credit card swipe fees. “This alleged ‘settlement’ […]

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NRF calls on U.S. Supreme Court to allow merchants to freely show customers the added costs that come with paying by credit card

WASHINGTON, 2017-Jan-11 — /EPR Retail News/ — The National Retail Federation today called on the U.S. Supreme Court to allow merchants to freely and accurately show customers the added costs that come with paying by credit card rather than cash. “Retailers have no interest in surcharging their customers for using credit cards,” NRF Senior Vice President […]

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NRF: We’re glad to see Visa has recognized that they have crossed the line

WASHINGTON, 2016-Nov-23 — /EPR Retail News/ — The National Retail Federation welcomed Visa’s announcement today (November 22, 2016) that it will no longer use EMV technology and rules to improperly steer debit card transactions to its own processing network following an investigation by the Federal Trade Commission and a ruling by the Federal Reserve. “We’re glad […]

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NRF urges Congress to reject bill that would both undermine competition and repeal on debit card swipe fees

WASHINGTON, 2016-Sep-14 — /EPR Retail News/ — The National Retail Federation today (September 13, 2016) asked Congress to reject legislation that would both undermine competition and repeal the Federal Reserve’s cap on debit card swipe fees. The proposed bill would unleash new, higher, hidden swipe fees that could more than double without competitive routing options and […]

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National Retail Federation: cap on debit card swipe fees should be lowered further

WASHINGTON, 2016-Mar-29 — /EPR Retail News/ — 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, the National Retail Federation said today. “In most cases, 24 cents per transaction represents […]

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NRF welcomed attorneys general’s call to credit card companies on the use of personal identification numbers with the new chip-based credit cards

Letter Calls PIN ‘Gold Standard’ for Card Security WASHINGTON, 2015-11-18 — /EPR Retail News/ — The National Retail Federation today welcomed a letter sent by nine attorneys general to the nation’s top credit card companies and banks calling for the use of personal identification numbers rather than signatures to approve purchases made with new chip-based credit […]

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The National Retail Federation agrees with FBI warning that new chip-based credit cards are safer but need PIN to minimize risk of fraud

WASHINGTON, 2015-10-12 — /EPR Retail News/ — The National Retail Federation today said it agreed with a warning from the FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN instead of a signature to minimize risk. “What the FBI is saying […]

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Congress needs to pass a strong and effective federal data breach notification law, National Retail Federation

NRF Concerned over ‘Notice Holes,’ Wants ‘Everyone to Have Skin in the Game’ WASHINGTON, 2015-3-19 — /EPR Retail News/ — Congress needs to pass a strong and effective federal data breach notification law that applies to all entities that handle sensitive customer data, the National Retail Federation said today before a congressional panel examining draft […]

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The National Retail Federation expressed disappointment at the U.S. Supreme Court’s ruling on swipe fees

WASHINGTON, 2015-1-21 — /EPR Retail News/ — The National Retail Federation today expressed disappointment at the U.S. Supreme Court’s announcement that it would not review an appellate court ruling on whether the Federal Reserve set a 2011 cap on debit card swipe fees higher than the level sought by Congress in legislation passed the year before. […]

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The National Retail Federation’s statement regarding retailers’ adoption of mobile payment platforms and services

WASHINGTON, 2014-10-28— /EPR Retail News/ — The National Retail Federation today issued the following statement from Senior Vice President and General Counsel Mallory Duncan regarding retailers’ adoption of mobile payment platforms and services: “Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and […]

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