2011 Merchant Services Payment Services 
Retail TouchPoints
JULY 2, 2024
The platform now features more than 100,000 brands from 100 + countries, and in September 2023, ecommerce vanguard Shopify took a stake in the company and made Faire the recommended wholesale marketplace for its millions of merchants. The innovation that we at Faire brought to the market was offering free returns and net-60 payment terms.
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.
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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 letter comes as the House Financial Services Committee holds a subcommittee hearing on H.R. cents as of 2021, according to the Merchants Payments Coalition.
Mass Relators
MAY 11, 2021
WASHINGTON – The Merchants Payments Coalition on Tuesday called for the Federal Reserve to revise debit card swipe fee rules to reflect lower bank costs. The swipe fee regulations were adopted a decade ago, and a new Fed report shows that banks’ average cost of processing the transactions has since fallen by half.
Mass Relators
MAY 13, 2024
WASHINGTON — The Merchants Payments Coalition, a group lobbying for “a more competitive and transparent” payment-card system,” is asking the Federal Reserve to further modify its proposed cap on the “swipe” fees merchants pay banks to process the transactions. cents at the time the rate was set to 3.9
A1 Retail
SEPTEMBER 1, 2022
The additional service will allow JD Group customers to make charitable donations to the JD Foundation, specifically the Together We Can project, as part of their payments journey through Pennies’ charity box.
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. Merchants and the consumers who ultimately pay these fees have been overcharged for far too long, so we need to get this right.”
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