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Keyword: merchantfees

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  • NACS Call to Action: The Credit Card Fair Fee Act

    03/04/2008 8:51:35 AM PST · by outfield · 10 replies · 230+ views
    NACS Online ^ | 2/22/08 | Lyle Beckwith
    NACS is endorsing proposed legislation that addresses credit card interchange fees. U.S. House Judiciary Committee Chairman John Conyers (D-MI) and Representative Chris Cannon (R-UT) are expected to introduce the Credit Card Fair Fee Act next week. "As entrepreneurs and businessmen, we want market-based solutions to our issues. The Credit Card Fair Fee Act is the free-market solution to the battle over interchange rates," Richard Oneslager, NACS chairman, told NACS Daily. NACS issued the following Action Alert to retail members on Thursday: The most important action you can take in the short term is urging your representatives in Congress to support...