Mass Relators

MARCH 7, 2024

WASHINGTON – More than 60 national and state organizations representing consumers and merchants have called on Congress to reject legislation introduced by Rep. The comments came in a letter signed by 66 groups ranging from consumer advocates to retail trade associations that was sent to members of the House Thursday morning.

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

Mass Relators

APRIL 3, 2024

WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday.

Merchant Services 98

Merchant Services Payment Services Planning Consumer 98

Retail TouchPoints

APRIL 9, 2024

But now consumers want intangible benefits, including tailored experiences. Up-and-coming Generation Z (born in the mid- to late-’90s through 2010) consumers are increasingly interested in personalized offers and non-monetary benefits. Some things to think through: What are the customers’ needs?

Merchant Services 247

Merchant Services Consumer Management Customer Experience 247

Mass Relators

OCTOBER 25, 2023

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. This is a step in the right direction toward the real, competitive market that Congress wanted to see but still leaves the fees too high.

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

Mass Relators

APRIL 29, 2021

WASHINGTON — Retailers filed a lawsuit on Thursday seeking to compel the Federal Reserve to lower its 10-year-old cap on the “swipe” fees banks charge to process debit card transactions. The suit, filed by the North Dakota Retail Association and the North Dakota Petroleum Marketers Association in U.S. District Court in Bismarck, N.D.,

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

Retail TouchPoints

SEPTEMBER 4, 2020

However, sales across all other verticals analyzed in the report, including fashion, food services and electronics stores, were severely negatively affected. According to McKinsey “What consumers value is truly shifting, and so is their channel choice. See “Trends in Digital Marketing: The Digital Last Mile”.

Merchant Services 144

Merchant Services Department Stores Consumer Fashion 144

VMS

MAY 4, 2021

(PRESS RELEASE) WASHINGTON — Retailers have filed a lawsuit seeking to have the Federal Reserve lower its 10-year-old cap on “swipe” fees banks charge to process debit card transactions, saying the agency wrongly applied federal law and that merchants have paid billions of dollars more than intended by Congress while banks’ costs have fallen.

Merchant Services 52

Merchant Services Payment Services Visual Merchandising Consumer 52