NACS/CSNews CIO Roundtable Talks Trends & Technology Issues | iBlogAuto

June 28, 2010

Archives of Convenience Store News,

State convenience store association will hold convention in September.

State beer/wine permits still available.

Oil companies funded the drive to put initiative on the November election ballot.

NACS/CSNews CIO Roundtable Talks Trends Technology Issues

NEW ORLEANS — Complying with Payment Card Industry (PCI) standards and figuring out how to make the best use of online social networks like Facebook and Twitter were two hot button topics at this year’s NACS/Convenience Store News CIO Roundtable, held in May on the opening day of NACStech in New Orleans.

This year’s roundtable drew its largest lineup of retailer participants, and marked the debut of the retailer educational session as a co-branded event between NACS and CSNews. Fifteen retailers from 14 different convenience store companies also discussed self-checkout, loyalty programs , mobile marketing and other technology issues. The 2010 NACS/CSNews CIO Roundtable was sponsored by Gilbarco Veeder-Root, KSS, NCR and Pinnacle Corp.

READ ARTICLE via NACS/CSNews CIO Roundtable Talks Trends & Technology Issues | iBlogAuto.

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Denver Daily – Congress takes swipe at #SwipeFees

June 28, 2010

Peter Marcus, DDN Staff Writer

Local retailers are rejoicing over lawmakers including a provision in the final version of financial-overhaul legislation expected to see a vote this week by Congress that would slash so-called debit card “swipe fees.”

READ ARTICLE via Denver Daily – Congress takes swipe at ‘swipe fees’.


Jill Schlesinger on Financial Reform Winners & Losers – EconWatch – CBS News

June 27, 2010

The Credit Card Industry: The bill’s ban on interchange (or “swipe”) fees, which account for 1-3% of credit or debit card purchases. Once the rule goes into effect, credit and debit card companies are going to lose a chunk of money

READ ARTICLE via Jill Schlesinger on Financial Reform Winners & Losers – EconWatch – CBS News.


Rule May Drop #SwipeFees Price on Debit Cards

June 27, 2010

By Richard Craver

JOURNAL REPORTER

Published: June 27, 2010

Consumers could see a pricing break at the gas pump or retail counter when the latest attempt at financial reform goes into effect.

READ ARTICLE via Rule may drop price.


Are credit card companies telling the truth about fees? – Haaretz Daily Newspaper | Israel News

June 27, 2010

Antitrust Commissioner Ronit Kan has been fighting the credit card companies for years over the interchange fees, and in 2006 she struck a deal with them to reduce the fees from 1.25% – the rate at the time – to 0.875% by 2012. The rates are scheduled to drop next month from their current level of 1.1% to 0.975%.

READ ARTICLE via Are credit card companies telling the truth about fees? – Haaretz Daily Newspaper | Israel News.


Are credit card companies telling the truth about fees? – Haaretz Daily Newspaper | Israel News

June 27, 2010

Antitrust Commissioner Ronit Kan has been fighting the credit card companies for years over the interchange fees, and in 2006 she struck a deal with them to reduce the fees from 1.25% – the rate at the time – to 0.875% by 2012. The rates are scheduled to drop next month from their current level of 1.1% to 0.975%.

READ ARTICLE via Are credit card companies telling the truth about fees? – Haaretz Daily Newspaper | Israel News.


Swipe fees are hurting small businesses in North Carolina – CharlotteObserver.com

June 27, 2010

From Fran Preston, president of the North Carolina Retail Merchants Association: Formed in 1902, the North Carolina Retail Merchants Association represents 25,000 retail store members, from the largest national chain to the smallest independent store operation. We represent brick and mortar as well as on-line operations, and retailers of every type and every size are alarmed as MasterCard and Visa continue to increase the fees imposed on retailers who process consumer debit cards.

READ ARTICLE via Swipe fees are hurting small businesses in North Carolina – CharlotteObserver.com.