After nearly a decade of negotiations, the court has determined that this settlement is in the best interest of all parties involved. This is simply a political ploy by a few big box retailers – for whom enough is never enough – that disregards the millions of retailers who are supportive of the settlement. These same tired arguments were raised over and over during the negotiations and would have been included in the final terms if they had any merit.
Electronic Payments Coalition Issues Statement on National Retail Federation Interchange Settlement Appeal
Electronic Payments Coalition | January 3, 2014