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

Potential lawsuit settlement by Visa and MasterCard could allow suppliers to impose surcharges

Friday, July 13, 2012   (0 Comments)
Posted by: Lynn Larson

This week, various news sources reported on the likely upcoming lawsuit settlement by MasterCard and Visa. The lawsuit is the consolidation of more than 50 lawsuits filed since 2005, which pertain to merchants' dissatisfaction with the rules and costs related to card acceptance. One probable settlement outcome is the ability of card-accepting merchants (suppliers) in the U.S. to impose a surcharge—a practice that has been historically prohibited in the U.S. per the networks' merchant rules. It's a news story worth watching.

If/when surcharging is allowed, end-user organizations need to make thoughtful business decisions based on costs versus benefits. The benefits of card usage for B2B payments would likely prevail in most cases.

Breaking news later in the day, July 13, 2012: The lawsuit was settled; read the related news item for details.


Sign In

Sign In securely

Subscribe or join here

Featured Items
Event Calendar

Tales from the Compliance Side

An Interactive Look Into the Certified Purchasing Card Professional Credential

7 Key Ways to Protect P-Card Spend Using Analytics

2017 Pre-Conf Workshop: Detecting P-Card Fraud, Errors, Waste and Abuse Using Forensic Analytics

2017 Pre-Conf Workshop: Travel Data Access and Analytics

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

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