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

Two new industry lawsuits related to card acceptance fees

Tuesday, May 28, 2013   (0 Comments)

Background: First, there was the July 13, 2012, settlement of a longstanding lawsuit related to interchange fees, involving Visa, MasterCard and nine banks. The settlement received preliminary judge approval November 9, 2012. Next, the court's "fairness hearing" will occur September 12, 2013, to determine whether the settlement is fair, adequate and reasonable.

Members and subscribers, access a summary of the settlement. Not either one? Visit to begin.

Today: May 28, 2013, marks the deadline for any card-accepting merchant to opt out of, or object to, this lawsuit settlement. Visit for details.

New lawsuits: Ahead of the deadline, on May 23, 2013, a group of retailers including Target and Macy's filed a new lawsuit against Visa and MasterCard, seeking various damages pertaining to card acceptance fees (interchange). Then Visa, MasterCard and some issuing banks filed a lawsuit of their own against several retail associations, such as the National Association of Convenience Stores, in an effort to prevent future litigation over the fees. Might these new lawsuits impact the final approval of the July 2012 settlement? The NAPCP will continue to monitor and report on this ongoing news story.

Members, read about merchant opposition to the settlement, as well as details about surcharging that stem from the settlement.  


Sign In
Sign In securely
Featured Items
Event Calendar

4/9/2018 » 4/12/2018
2018 NAPCP U.S. Annual Commercial Card and Payment Conference - San Diego

2018 Pre-Conference Workshop: Strategies for Building the Foundation to a Successful P-Card Program

Virtual Demo: Taming the Tail—Maximise Your P-Card Programme with Additional Visibility and Control

P-Card Reconciliation: Best Practices and Strategies for Success

EMEA Commercial Card Regional Forum - London, England

Copyright © 1999 - 2017 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is April 28, 2018 to take the 
exam during the June 2018 testing period.

Complimentary resource for all website visitors.
$199 for Members; $259 for non-members. 
Join today and save!
NAPCP's dedicated IP address for e-mail is Please add this IP address, and to approved/"safe sender" list to ensure you receive NAPCP news & event notifications.