Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Learn More
NAPCP Search
Commercial Card News Brought to You by the NAPCP: Industry Regulation

Judge grants preliminary approval of interchange lawsuit settlement

Tuesday, November 13, 2012   (0 Comments)

As reported by the NAPCP on July 13, 2012, Visa, MasterCard and nine banks agreed to a $6+ billion lawsuit settlement over merchant interchange fees. Since then, the settlement has continued to progress even though various merchants and merchant groups have opposed it.

Most recently, on November 9, 2012, the Honorable Judge Gleeson of the U.S. District Court for the Eastern District of New York preliminarily approved the landmark settlement. Read the related press release, which notes the pending change to networks' U.S. merchant rules in regard to surcharging.

Members and subscribers, access a summary of the lawsuit settlement.

Members, read more about surcharging.

Not a member or complimentary subscriber? Join today!


Sign In


Forgot your password?

Subscribe or join here

Featured Items
Event Calendar

12/7/2016
MUFG Virtual Demo: Cards Authorized While You Watch – is it Magic or Buyer-Initiated Payments

12/8/2016
Citi Commercial Cards Virtual Demo: Paving the Way for Next Generation Payment Solutions

1/24/2017
Optimizing and Expanding Your Commercial Card Program

1/31/2017
An Interactive Look Into the Certified Purchasing Card Professional Credential

3/30/2017
An Interactive Look Into the Certified Purchasing Card Professional Credential

Copyright © 1999 - 2016 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is February 28, 2017
to take the exam at the Annual Conference on April 10, 2017.

Complimentary resource for all website visitors.
Order your copy today!
NAPCP members, $159; non-members, $209